Essays about: "Trygve Larsen Morset"
Found 1 essay containing the words Trygve Larsen Morset.
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1. Inequality as a Cause of Systemic Banking Crises ̶ Some New Theory and Evidence
University essay from Lunds universitet/Ekonomisk-historiska institutionenAbstract : The thesis argues that systemic banking crises and inequality go hand in hand, with inequality in front. Through showing how factors commonly found to influence banking crises, such as household and business debt levels, asset prices, default ratios, and credit growth (all important in Minsky-type bubbles) theoretically can be attributed to decreasing relative wages of households, and/or concentration of wealth among "hoarders" it sheds light on a potentially strong link between inequality and banking crises. READ MORE
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