Hyman Minsky's financial instability hypothesis (FIH) argues that as part of the normal functioning of capitalist economies robust financial structures tend to evolve into highly leveraged fragile financial structures. The ...

This work has two goals. The first one is to develop an interpretation for open economies founded on Minsky’s financial fragility hypothesis about the process of a currency crisis and its determinants. The deterioration ...

Given the complexity of financial instruments currently in use, the purpose of this study is to examine, according to the proposed economic theory of Hyman P. Minsky, the factors that led to the recent financial crisis, ...

The main objective of this work is to analyze the evolution of the external financial fragility of the Brazilian economy during the period 1990-2006. In order to achieve this goal, a review in the literature regarding ...