Lino Sau
Biographic Data
| ID | 6536046 |
|---|---|
| NAME | Lino Sau |
| GIVEN NAMES | Lino |
| FAMILY NAME | Sau |
| SIGNATURE | SAU L |
| AFFILIATIONS | University of Turin |
| ORCID | 0000-0003-3332-766X |
| VERIFIED | Yes |
| TOTAL WORKS | 4 |
| TOTAL CITATIONS | 1 |
| AUTHOR COUNT | 4 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2004 |
| LATEST PUBLICATION YEAR | 2020 |
| H-INDEX | 1 |
Reflexivity, Financial Instability and Monetary Policy
The aim of this paper is to provide a theoretical analysis of the role of social conventions as emergent phenomena in financial markets, the latter being thought of as dynamically complex systems. Combining complexity and reflexivity with Keynes’s view of financial markets, we develop a ‘convention-based’ approach which shows how conventions can only temporarily stabilize the system, inevitably leading to financial instability and crises. Then, w…
Do the International Monetary and Financial Systems Need More Than Short-Term Cosmetic Reforms
The storm that has rocked our world has opened an interesting debate among economists and policymakers on the need for a new international monetary and financial architecture. In fact, the monetary and financial regime that has been in force since the collapse of Bretton Woods encourages the persistence of unsustainable dynamics that spawn increasingly serious crises, and are unable to impart an acceptable form of macroeconomic discipline to the …
Instability and Crisis in Financial Complex Systems
This paper contrasts the Efficient Markets Hypothesis with Hyman Minsky's Financial Instability Hypothesis (FIH), taking into account the dynamic complexity of financial markets. This approach offers analytical tools that can account for crisis through processes endogenous to contemporary economies. Recent work, notably by J. Barkley Rosser, has suggested that complex dynamics is a strong foundations for Keynesian models and results. Group dynami…
The Financial Fragility of the Emerging Countries and the Role of International Lender of Last Resort
Instability and Crisis in Financial Complex Systems
This paper contrasts the Efficient Markets Hypothesis with Hyman Minsky's Financial Instability Hypothesis (FIH), taking into account the dynamic complexity of financial markets. This approach offers analytical tools that can account for crisis through processes endogenous to contemporary economies. Recent work, notably by J. Barkley Rosser, has suggested that complex dynamics is a strong foundations for Keynesian models and results. Group dynami…
The Financial Fragility of the Emerging Countries and the Role of International Lender of Last Resort
Instability and Crisis in Financial Complex Systems
This paper contrasts the Efficient Markets Hypothesis with Hyman Minsky's Financial Instability Hypothesis (FIH), taking into account the dynamic complexity of financial markets. This approach offers analytical tools that can account for crisis through processes endogenous to contemporary economies. Recent work, notably by J. Barkley Rosser, has suggested that complex dynamics is a strong foundations for Keynesian models and results. Group dynami…
Do the International Monetary and Financial Systems Need More Than Short-Term Cosmetic Reforms
The storm that has rocked our world has opened an interesting debate among economists and policymakers on the need for a new international monetary and financial architecture. In fact, the monetary and financial regime that has been in force since the collapse of Bretton Woods encourages the persistence of unsustainable dynamics that spawn increasingly serious crises, and are unable to impart an acceptable form of macroeconomic discipline to the …
Reflexivity, Financial Instability and Monetary Policy
The aim of this paper is to provide a theoretical analysis of the role of social conventions as emergent phenomena in financial markets, the latter being thought of as dynamically complex systems. Combining complexity and reflexivity with Keynes’s view of financial markets, we develop a ‘convention-based’ approach which shows how conventions can only temporarily stabilize the system, inevitably leading to financial instability and crises. Then, w…
Economic Theory and Policy (4 works) · Economics (4 works) · Keynesian economics (4 works) · Monetary economics (4 works) · Banking stability, regulation, efficiency (3 works) · Financial crisis (3 works) · Global Financial Crisis and Policies (3 works) · Monetary policy (3 works) · Finance (2 works) · Financial fragility (2 works)