Tags » Hyman Minsky

China Facing Full-Blown Banking Crisis, World's Top Financial Watchdog Warns

China has failed to curb excesses in its credit system and faces mounting risks of a full-blown banking crisis, according to early warning indicators released by the world’. 596 more words
Economics

Banking Crisis Soon in China? Warning Indicator for China Banking Stress Climbs to Record -- China has the indicators preceding most financial crises

China is sinking ever deeper into debt, and risks a major banking crisis Credit: SINA

By Ambrose Evans-Pritchard
The Telegraph
18 September 2016 • 11:00am… 1,332 more words

Further Pretensions of Knowledge

The Economist‘s second article in its series on “seminal economic ideas” is about Hyman Minsky’s theory that “booms sow the seeds of busts”:

Having grown up during the Depression, Minsky was minded to dwell on disaster.

1,811 more words
Science

Stock-Flow Consistent Modeling

PK-SFC Modeling

  • Integration of Real and Financial sectors of economy.
  • Balance-sheet  accounting approach
  • Stock-flow consistent
  • Quadruple accounting

From  Post-Keynesian Stock-Flow Consistent Modeling: A Survey

PK-SFC models are a specific kind of Post-Keynesian macro model that follows distinctive accounting rules, ensuring the consistent integration of the stocks and flows of all the sectors of the economy.

1,640 more words
Monetary Economics

Film review: Boom Bust Boom

A pertinent reminder that financial crises tend to share similar features, yet we keep on repeating the mistakes of the past

A seemingly endless number of post-crisis studies have been released in recent years. 671 more words

Finance

Some New Lessons on Jobs from an Old Economist


Many economists do not write in a language which is easily understandable. While John Maynard Keynes was a terrific writer (he is possibly the only economist who actually came up with one-liners), his magnum opus… 1,045 more words

Equitymaster

Why banks love lending to you and me, but hate lending to corporates


Regular readers of this column would know that I regularly refer to the sectoral deployment of credit data usually released by the Reserve Bank of India(RBI) at the end of every month. 830 more words

Equitymaster