A theoretical framework for the analysis of the current global economic crisis: The financial market and the real economy
Author
Abstract
Suggested Citation
DOI: 10.1177/1035304614520669
Download full text from publisher
References listed on IDEAS
- Werner Bonefeld & John Holloway, 1996. "Conclusion: Money and Class Struggle," Palgrave Macmillan Books, in: Werner Bonefeld & John Holloway (ed.), Global Capital, National State and the Politics of Money, chapter 9, pages 210-227, Palgrave Macmillan.
- Werner Bonefeld, 1996. "Monetarism and Crisis," Palgrave Macmillan Books, in: Werner Bonefeld & John Holloway (ed.), Global Capital, National State and the Politics of Money, chapter 3, pages 35-68, Palgrave Macmillan.
- repec:srs:journl:jasf:v:3:y:2012:i:2:p:171-183 is not listed on IDEAS
- Pasquale Tridico, 2012. "Financial crisis and global imbalances: its labour market origins and the aftermath," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 36(1), pages 17-42.
- John Holloway, 1996. "Global Capital and the National State," Palgrave Macmillan Books, in: Werner Bonefeld & John Holloway (ed.), Global Capital, National State and the Politics of Money, chapter 6, pages 116-140, Palgrave Macmillan.
- José A. Tapia Granados, 2012. "Statistical Evidence of Falling Profits as Cause of Recession," Review of Radical Political Economics, Union for Radical Political Economics, vol. 44(4), pages 484-493, December.
- Nikos STRAVELAKIS, 2012.
"Marx S Theory Of Crisis In The Context Of Financialization Analytical Insights On The Current Crisis,"
Journal of Advanced Studies in Finance, ASERS Publishing, vol. 3(2), pages 171-183.
- Stravelakis, Nikos, 2012. "Marx's theory of crisis in the context of financialization. analytical insights on the current crisis," MPRA Paper 39458, University Library of Munich, Germany.
- Vladimiro Giacché, 2011. "Marx, the Falling Rate of Profit, Financialization, and the Current Crisis," International Journal of Political Economy, Taylor & Francis Journals, vol. 40(3), pages 18-32.
- Simon Mohun, 2009. "Aggregate capital productivity in the US economy, 1964--2001," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 33(5), pages 1023-1046, September.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Iderley Colombini, 2020. "Form and Essence of Precarization by Work: From Alienation to the Industrial Reserve Army at the Turn of the Twenty-First Century," Review of Radical Political Economics, Union for Radical Political Economics, vol. 52(3), pages 409-426, September.
- Xinhua Gu & Yang Zhang & Xiao Chang, 2017. "The role of financial systems for cross-country differences in the link between income and consumption inequality," Applied Economics, Taylor & Francis Journals, vol. 49(24), pages 2365-2378, May.
- Stefano Di Bucchianico, 2020. "A note on financialization from a Classical-Keynesian standpoint," Department of Economics University of Siena 824, Department of Economics, University of Siena.
- Domonkos, Tomas & Fisera, Boris & Siranova, Maria, 2023. "Income inequality as long-term conditioning factor of monetary transmission to bank rates," Economic Modelling, Elsevier, vol. 128(C).
- Rémi Bazillier & Jérôme Héricourt & Samuel Ligonnière, 2017.
"Structure of Income Inequality and Household Leverage: Theory and Cross-Country Evidence,"
Working Papers
2017-01, CEPII research center.
- Rémi Bazillier & Jérôme Héricourt & Samuel Ligonnière, 2019. "Structure of Income Inequality and Household Leverage: Theory and Cross-Country Evidence," Post-Print halshs-02079212, HAL.
- Rémi Bazillier & Jérôme Héricourt & Samuel Ligonnière, 2019. "Structure of Income Inequality and Household Leverage: Theory and Cross-Country Evidence," Documents de travail du Centre d'Economie de la Sorbonne 19005, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
- Rémi Bazillier & Jérôme Héricourt & Samuel Ligonnière, 2019. "Structure of Income Inequality and Household Leverage: Theory and Cross-Country Evidence," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-02079212, HAL.
- Rémi Bazillier & Jérôme Hericourt, 2017.
"The Circular Relationship Between Inequality, Leverage, And Financial Crises,"
Journal of Economic Surveys, Wiley Blackwell, vol. 31(2), pages 463-496, April.
- Rémi Bazillier & Jérôme Héricourt, 2014. "The Circular Relationship between Inequality, Leverage, and Financial Crises: Intertwined Mechanisms and Competing Evidence," Working Papers 2014-22, CEPII research center.
- Rémi BAZILLIER & Jérôme HERICOURT, 2015. "The Circular Relationship between Inequality, Leverage, and Financial Crisis," LEO Working Papers / DR LEO 1968, Orleans Economics Laboratory / Laboratoire d'Economie d'Orleans (LEO), University of Orleans.
- Rémi Bazillier & Jérôme Hericourt, 2016. "The Circular Relationship between Inequality, Leverage, and Financial Crises," Working Papers halshs-01251360, HAL.
- Rémi Bazillier & Jérôme Hericourt, 2014. "The Circulare Relationship between inequality, Leverage and Financial Crisis," Working Papers halshs-01204821, HAL.
- Rémi Bazillier & Jérôme Hericourt, 2016. "The circular relationship between inequality, leverage and financial crises," Post-Print halshs-01375654, HAL.
- Rémi Bazillier & Jérôme Hericourt, 2016. "The circular relationship between inequality, leverage and financial crises," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-01375654, HAL.
- Mariolis Theodore & Konstantakis Konstantinos N. & Michaelides Panayotis G. & Tsionas Efthymios G., 2019.
"A non-linear Keynesian Goodwin-type endogenous model of the cycle: Bayesian evidence for the USA,"
Studies in Nonlinear Dynamics & Econometrics, De Gruyter, vol. 23(1), pages 1-16, February.
- Mariolis, Theodore & Konstantakis, Konstantinos N. & Michaelides, Panayotis G. & Tsionas, Efthymios G., 2019. "A non-linear Keynesian Goodwin-type endogenous model of the cycle: Bayesian evidence for the USA," LSE Research Online Documents on Economics 100229, London School of Economics and Political Science, LSE Library.
- Berardi, Simone & Tedeschi, Gabriele, 2017.
"From banks' strategies to financial (in)stability,"
International Review of Economics & Finance, Elsevier, vol. 47(C), pages 255-272.
- Simone Berardi & Gabriele Tedeschi, 2015. "From banks’ strategies to financial (in)stability," Working Papers 2015/11, Economics Department, Universitat Jaume I, Castellón (Spain).
- Berardi, Simone & Tedeschi, Gabriele, 2015. "From banks' strategies to financial (in)stability," FinMaP-Working Papers 47, Collaborative EU Project FinMaP - Financial Distortions and Macroeconomic Performance: Expectations, Constraints and Interaction of Agents.
- Di Bucchianico, Stefano, 2019. "The Impact of Financialization on the Rate of Profit: A Discussion," Centro Sraffa Working Papers CSWP36, Centro di Ricerche e Documentazione "Piero Sraffa".
- Pasquale Tridico, 2014. "Welfare models, inequality and economic performance during globalisation," Departmental Working Papers of Economics - University 'Roma Tre' 0191, Department of Economics - University Roma Tre.
- Gaetano Perone, 2018.
"Produttività del lavoro, dinamica salariale e squilibri commerciali nei Paesi dell'Eurozona: un'analisi empirica,"
Economia & lavoro, Carocci editore, issue 3, pages 61-98.
- Gaetano Perone, 2017. "Produttività del lavoro, dinamica salariale e squilibri commerciali nei Paesi dell’Eurozona: un’analisi empirica," Working Papers 0028, ASTRIL - Associazione Studi e Ricerche Interdisciplinari sul Lavoro.
- Duman, Özgün Sarımehmet, 2019. "Class struggle over absolute surplus value strategies in Greece: initial response to the post-2008 economic crisis," LSE Research Online Documents on Economics 102651, London School of Economics and Political Science, LSE Library.
- Michael A. Sartor & Paul W. Beamish, 2020. "Private Sector Corruption, Public Sector Corruption and the Organizational Structure of Foreign Subsidiaries," Journal of Business Ethics, Springer, vol. 167(4), pages 725-744, December.
- Bazillier, Rémi & Héricourt, Jérôme & Ligonnière, Samuel, 2021.
"Structure of income inequality and household leverage: Cross-country causal evidence,"
European Economic Review, Elsevier, vol. 132(C).
- Rémi Bazillier & Jérôme Héricourt & Samuel Ligonnière, 2019. "Structure of Income Inequality and Household Leverage: Theory and Cross-Country Evidence," Documents de travail du Centre d'Economie de la Sorbonne 19005, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
- Rémi Bazillier & Jérôme Héricourt & Samuel Ligonnière, 2021. "Structure of income inequality and household leverage : Cross-country causal evidence," Post-Print halshs-03099741, HAL.
- Rémi Bazillier & Jérôme Héricourt & Samuel Ligonnière, 2021. "Structure of income inequality and household leverage : Cross-country causal evidence," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-03099741, HAL.
- Özgün Sarimehmet Duman, 2019. "What is the Investment Loss due to Uncertainty?," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 140, Hellenic Observatory, LSE.
- Sangjun Jeong, 2017.
"Biased Technical Change and Economic Growth: The Case of Korea, 1970–2013,"
Research in Political Economy, in: Return of Marxian Macro-Dynamics in East Asia, volume 32, pages 81-103,
Emerald Group Publishing Limited.
- Jeong, Sangjun, 2016. "Biased Technical Change and Economic Growth : The Case of Korea, 1970-2013," MPRA Paper 75300, University Library of Munich, Germany.
- Trofimov, Ivan D., 2017. "Capital productivity in industrialized economies: evidence from error-correction model and Lagrange Multiplier tests," MPRA Paper 81655, University Library of Munich, Germany.
- Young Soo Lee & Han Sung Kim & Seo Hwan Joo, 2020. "Financialization and Innovation Short-termism in OECD Countries," Review of Radical Political Economics, Union for Radical Political Economics, vol. 52(2), pages 259-286, June.
- Duque Garcia, Carlos Alberto, 2022. "Ciclos económicos, inversión y rentabilidad del capital en Colombia: un análisis de series de tiempo [Economic cycles, investment and profits in Colombia: a time-series analysis]," MPRA Paper 113272, University Library of Munich, Germany.
- Valentini, Enzo & Arlotti, Marco & Compagnucci, Fabiano & Gentili, Andrea & Muratore, Fabrizio & Gallegati, Mauro, 2017. "Technical change, sectoral dislocation and barriers to labor mobility: Factors behind the great recession," Journal of Economic Dynamics and Control, Elsevier, vol. 81(C), pages 187-215.
More about this item
Keywords
Current global economic crisis; fictitious profit; financial market; labour market reform; Marxist theories of crisis; overaccumulation; rate of profit; real economy; real profit;All these keywords.
JEL classification:
- D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
- E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
- J40 - Labor and Demographic Economics - - Particular Labor Markets - - - General
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:ecolab:v:25:y:2014:i:2:p:240-252. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.