arbiter
JournalsPricingAccount

Financial Structure and Instability in an Open Economy

Kenshiro Ninomiya

Korea and the World Economy2022https://doi.org/10.46665/kwe.2022.04.23.1.1article
ABDC C
Weight
0.42

What the paper says

The subprime loan mortgage crisis has revived scholarly interest in Minsky’s financial instability hypothesis. The related mathematical models present two types of Minskian financial structures, which we identify as the lenders’ risk type (LR) and the hedge, speculative and Ponzi type (HSP). We construct macrodynamic models in a fixed and floating exchange rate system which considers both the LR and HSP financial structures. We examine the effects of international capital mobility and international lenders’ risks and demonstrate the significance of the LR and HSP financial structures in the fixed and floating exchange rate system. We emphasize the significance of stable financial structures in order to stabilize dynamic systems in an open economy.

3 citations

Open paper page →

Cite this paper

https://doi.org/https://doi.org/10.46665/kwe.2022.04.23.1.1

Or copy a formatted citation

@article{kenshiro2022,
  title        = {{Financial Structure and Instability in an Open Economy}},
  author       = {Kenshiro Ninomiya},
  journal      = {Korea and the World Economy},
  year         = {2022},
  doi          = {https://doi.org/https://doi.org/10.46665/kwe.2022.04.23.1.1},
}

Paste directly into BibTeX, Zotero, or your reference manager.

Flag this paper

Financial Structure and Instability in an Open Economy

Flags are reviewed by the Arbiter methodology team within 5 business days.

Evidence weight

0.42

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.18 × 0.4 = 0.07
M · momentum0.80 × 0.15 = 0.12
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.