Item Infomation
| Title: |
| Financial production and the subprime mortgage crisis |
| Authors: |
| Daniele, Tori Eugenio, Caverzasi Mauro, Gallegati |
| Issue Date: |
| 2023 |
| Publisher: |
| Springer |
| Abstract: |
| The causes of the 2007-8 subprime crisis continue to be the subject of much debate, with explanations ranging from de-regulation and fraudulent behavior to global imbalances and rising inequality. However, a comprehensive analysis of the endogenous forces that made the crisis inevitable has yet to be presented. This paper offers a ‘structural’ interpretation of the crisis by synthesising insights from conventional financial economics and the Minskyian and Schumpeterian literature. |
| Description: |
| CC BY |
| URI: |
| https://link.springer.com/article/10.1007/s00191-023-00812-y https://dlib.phenikaa-uni.edu.vn/handle/PNK/7847 |
| Appears in Collections |
| OER - Kinh tế và Quản lý |
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