@levyecon.bsky.socialIn "Smoothing the Stress Test", Levy Research Scholar Matías De Lucchi draws on #Minsky to examine the Fed’s decision to average bank stress test results when setting capital requirements.
#financialinstability #financialregulation #economics
@ptcherneva.bsky.social
@levyecon.bsky.socialIn "Smoothing the Stress Test", Levy Research Scholar Matías De Lucci draws on #Minsky to examine the Fed’s decision to average bank stress test results when setting capital requirements.
#financialinstability #financialregulation #economics @ptcherneva.bsky.social
@levyecon.bsky.socialLevy Senior Scholar L. Randall Wray compares Marx, Keynes, and Minsky on effective demand, profits, finance, and economic instability — and highlights a common economic belief that they all rejected.
#Marx #Keynes #Minsky #money #economics
@ptcherneva.bsky.social