000 01800naa a2200241uu 4500
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008 160930s2016 bl ||||gr |0|| 0 eng d
100 1 _aCARVALHO, Fernando J. Cardim de
_926860
242 1 0 _aÉ “isso”? O esboço de uma teoria de depressões
245 1 0 _aIs this ‘it’? An outline of a theory of depressions
260 _aSão Paulo :
_bEditora 34,
_cjul./set. 2016
520 3 _aThe crisis initiated in the United States in 2007, and spread worldwide in 2008, has been compared to the Great Depression of the 1930s. They have in common a deep fall in the level of activity (although in the 2010s government intervention was able to contain the fall before it could reach the dimensions of the 1930s), followed by a period where recovery is uncertain and fragile, as has been the case both in the US and in Western Europe. The paper outlines a theory of depression that comprises both aspects. The theory draws on the theoretical contributions of Keynes, Fisher, Minsky and Leijonhufvud, proposing that the concept of “corridor of stability” may help to explain how an initial adverse aggregate shock may lead to a contractionary spiral, where debt deflation is main mechanism to explain the downward movement of the economy and why one should expect a period of weak and volatile recovery to follow it
590 _aISSN online: 18094538
650 4 _aCrise financeira
_949486
650 4 _aDepressão
_954734
773 0 8 _tBrazilian Journal of Political Economy
_g36, 3, p. 451-469
_dSão Paulo : Editora 34, jul./set. 2016
_xISSN Brazilian Journal of Political Economy
_w
856 4 2 _uhttp://www.rep.org.br/PDF/144-1.PDF
_yAcesso
942 _cS
998 _a20160930
_b0941^b
_cLarissa
999 _aConvertido do Formato PHL
_bPHL2MARC21 1.1
_c51065
_d51065
041 _aeng