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Please use this identifier to cite or link to this item: http://hdl.handle.net/2067/1586

Title: A Return to Fundamentals: Fausto Vicarelli’s Thought on Finance vs Growth and Efficiency vs Stability in the Financial System
Authors: Garofalo, Giuseppe
Gnesutta, Claudio
Keywords: Financial markets
Banks
Institutions
Economic growth
Financial crises
Issue Date: 2010
Publisher: Il Mulino
Citation: Garofalo G., Gnesutta C. 2010. A Return to Fundamentals: Fausto Vicarelli’s Thought on Finance vs Growth and Efficiency vs Stability in the Financial System. "Rivista italiana degli economisti" 15(1): 105-142
Abstract: The present economic and financial crisis is taking place at the climax of a period in which mainstream economic theory, on the one hand, and global financial liberalization on the other, had given credit once again to the self-regulatory ability of markets, which also seemed to find confirmation in the results of the «Great moderation» (high growth rate and low inflation rate) in spite of some worrying aspects (enormous indebtedness of the USA, frequent «speculative bubbles»). With the present-
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Description: L'articolo é disponibile sul sito dell'editore: http://www.mulino.it/edizioni/index.html
DOI: 10.1427/31842
URI: http://hdl.handle.net/2067/1586
ISSN: 1593-8662
Appears in Collections:DEIM - Archivio della produzione scientifica

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