Explain how Minskys financial fragility hypothesis captures the interaction of emotional and psychological influences and their impacts
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Explain how Minsky’s financial fragility hypothesis captures the interaction of emotional and psychological influences and their impacts on financial structure. What are the potential consequences for the macroeconomy?
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Minskys financial fragility hypothesis provides a framework for understanding how emotional and psychological influences interact with financial structures to create instability in the economy The hyp...View the full answer
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