Minsky moment

名词 n.

英文释义

名词 n.
  1. A sudden, major collapse of asset values which marks the end of the growth phase of a cycle in credit markets or business activity.
    — Notice, however, that some economists argued that the US subprime crisis was not a “Minsky moment” (see Davidson, 2008).

词形变化

Minsky moments plural

词源

Coined by Paul McCulley in 1998, named after economist Hyman Minsky (1919–1996).
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