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The Financialization of the Business Enterprise
(2015)
paradigm shift in in the field of economics from the Keynesian/institutionalist to the neoliberal paradigm. Simultaneously, the nexus of contracts definition replaced the resource-based definition as the dominant paradigm of the economic theory of the firm...
The evolution of the U.S. financial architecture, asset prices, and the role of fiscal and monetary policy
(2015-03-04)
In the past years there has been increasing interest in shadow banking institutions.
Economists identified the shadow banking system at the core of the 2007-2008 Global
Financial Crisis and it was a key component of the ...