| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 7383021 | Physica A: Statistical Mechanics and its Applications | 2011 | 15 Pages |
Abstract
⺠Lending sociodynamics formalizes Minsky's Financial Instability Hypothesis. ⺠Competing default and prepayment risks mask systemic risk when assets appreciate. ⺠Lending sociodynamics explains rapid rise and spectacular collapse of MBS market. ⺠Lending sociodynamics suggests approach to reducing economic instability.
Related Topics
Physical Sciences and Engineering
Mathematics
Mathematical Physics
Authors
Raymond J. Hawkins,