Apropiación Social y Circulación del Conocimiento: Edición de revista o libro de divulgación científica
Crisis financieras: esta vez no es distinto
Fecha
2020-05-18Registro en:
Autor
Rivera Lozano, Miller
Rivera Garzón, Nicolás
Institución
Resumen
his article discusses the main theoretical characteristics of several
types of financial crises. With this objective in mind, it presents a detailed
explanation of the functioning of the modern financial system, recent history
of macroeconomics, and the conceptual and empirical properties of financial
crises. It concludes that a central bank is limited to act against credit bubbles
and that current macroeconomic models cannot explain correctly interactions
in financial markets. In addition, it deduces the possibility that emerging
economies worldwide will experience financial crisis in the coming months.