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La crise des subprimes : une analyse à l'aide de l'équilibre comptable des capacités et besoins de financement

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  • Max Maurin

    (Larefi - Laboratoire d'analyse et de recherche en économie et finance internationales - UB - Université de Bordeaux)

Abstract

This article addresses the issue of government's deficit in the context of the monetary theory of production. It aims to rehabilitate deficits using financial-sector balances. Firstly we show that they are a consequence of the private sector's behavior, and secondly we illustrate the negative consequences of maintaining a policy of reducing government's deficit with the American example.

Suggested Citation

  • Max Maurin, 2010. "La crise des subprimes : une analyse à l'aide de l'équilibre comptable des capacités et besoins de financement," Working Papers hal-00637579, HAL.
  • Handle: RePEc:hal:wpaper:hal-00637579
    Note: View the original document on HAL open archive server: https://hal.science/hal-00637579v2
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