Social and Behavioral Sciences Commons^™

Before 'It' Happens Again: Identifying Financial Fragility In The Financial Sector, John Henry Glascock Iii

Senior Projects Spring 2017

The project builds extensively on the theoretical foundations of Minsky’s financial instability hypothesis. A Minskian framework is integrated with both behavioral and human rights theory. The goal is to develop a more holistic view of market dynamics which includes psychological and human rights considerations. In developing this framework, we establish an indicator that can be used to track fragility at the sector and firm levels. This work can be applied to macroprudential policy to more adequately equip regulators whose responsibility it is to tame an unpredictable market.