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Economía: teoría y práctica

Print version ISSN 0188-3380

Abstract

DELGADO SELLEY, Orlando. La hipótesis de la inestabilidad financiera y la crisis de 2007-2009. Econ: teor. práct [online]. 2011, n.34, pp. 9-41. ISSN 0188-3380.

In this paper we analyze one of the main contributions of Hyman Mynsky: the hypothesis of financial instability. With this purpose we show the theoretical proposition of Minsky, then we submit a new development in order to add the performance of financial entities, the main features of the current crisis and our conclusions about the differences between the transition process from the stability to instability in the Minsky's propositions related to the financial crisis of 2007-2009.

Keywords : banking crisis; financial instability; safety margins; mortgages.

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