Understanding financial crises / Ensar Yılmaz.
"Incorporating a broad range of economic approaches, Understanding Financial Crises explores the merits of various arguments and theories which have been used to explain the causes of financial crises. The book explores eight of these different explanations: under-consumption, debt accumulation...
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| Online Access: |
Full Text (via Taylor & Francis) |
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| Main Author: | |
| Format: | eBook |
| Language: | English |
| Published: |
Abingdon, Oxon ; New York, NY :
Routledge,
2021.
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| Series: | Routledge frontiers of political economy.
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| Subjects: |
| Summary: | "Incorporating a broad range of economic approaches, Understanding Financial Crises explores the merits of various arguments and theories which have been used to explain the causes of financial crises. The book explores eight of these different explanations: under-consumption, debt accumulation, financialization, income inequality, financial fragility, tendency of rate of profit to fall, human behavior and global imbalances. The introduction provides a brief overview of each argument along with a comparison of their relative merits. Each chapter then introduces one of the arguments, explores a historical case, and focuses on the insights that can be gleaned into the global crisis in 2007-2008. The book draws on insights from various schools of thought including post-Keynesian economics, Marxist economics, behavioral economics, neoclassical economics, and more, to provide a pluralist overview of the causes of economic crises in general and the Great Recession in particular. This book marks a significant contribution to the literature on economic and financial crises, political economy and heterodox economics. It is well suited to academicians, practitioners, and financial analysts working within the relevant fields. Ensar Yılmaz is a professor at Yıldız Technical University, Istanbul, Turkey, where he teaches in the Department of Economics. He is the author of several articles in the subjects of macroeconomics, financial regulation, income distribution and game theory"-- |
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| Physical Description: | 1 online resource (xi, 232 pages) |
| Bibliography: | Includes bibliographical references and index. |
| ISBN: | 9781003037828 1003037828 9781000163346 1000163342 9781000163421 1000163423 9781000163384 1000163385 |
| Source of Description, Etc. Note: | Print version record. |
| Terms Governing Use and Reproduction Note: | Restricted: Printing from this resource is governed by The Legal Deposit Libraries (Non-Print Works) Regulations (UK) and UK copyright law currently in force. |
| Biographical or Historical Data: | Ensar Yılmaz is a professor at Yıldız Technical University, Istanbul, Turkey, where he teaches in the Department of Economics. He is the author of several articles in the subjects of macroeconomics, financial regulation, income distribution and game theory. |