Araştırma Makalesi
PDF Zotero Mendeley EndNote BibTex Kaynak Göster

HYMAN P. MINSKY’S “BIG GOVERNMENT” APPROACH IN SECURING ECONOMIC STABILITY AND ITS APPLICABILITY IN THE TURKISH ECONOMY

Yıl 2019, Cilt 10, Sayı 20, 807 - 828, 31.12.2019
https://doi.org/10.36543/kauiibfd.2019.034

Öz

The aim of this article is to discuss the applicability of Hyman P. Minsky’s “big government policy” proposal in the Turkish economy. According to Minsky, one of the main causes of economic cycles is the private sector’s decreasing investments and profits. The government is able to contribute to economic stability by reversing the decreasing investments and profits by means of big government policies. Turkish macroeconomic data verifies theoretical explanations of big government regarding total profits. Moreover, budget indicators show that the government can implement big government policies to secure financial and economic stability in Turkey.

Kaynakça

  • Fazzari S. M. (1999), “Minsky and the Mainstream: Has Recent Research Rediscovered Financial Keynesianism”, The Jerome Levy Economic Institute, Working Paper, No: 278.
  • Kregel J. (1992), “Minsky’s ‘Two Price’ Theory of Financial Instability and Monetary Policy: Discounting versus Open Market Intervention”, Ed. Steven Fazzari and Dimitri B. Papadimitriou, Financial Conditions and Macroeconomic Performance – Essays in Honor of Hyman P. Minsky, M.E. Sharpe Inc. Armonk New York, USA, 85-103.
  • Minsky H. P. (1989a), “Profit, Deficits and Instability: A Policy Discussion”, The Jerome Levy Economics Institute of Bard College, Hyman Minsky Archive, Paper 148.
  • Minsky, H. P. (1989b), “The Financial Instability Hypothesis: A Clarification”, The Jerome Levy Economics Institute of Bard College, Hyman Minsky Archive, Paper 145.
  • Minsky, H. P. (1992), “Prices in a Financially Sophisticated Capital-Using Capitalist Economy”, The Jerome Levy Economics Institute of Bard College, Hyman Minsky Archive, Paper 35.
  • Minsky, H. P. (1994), “Failed and Successful Capitalism: Lessons from the Twentieth Century”, The Jerome Levy Economics Institute of Bard College, Hyman Minsky Archive, Paper No: 47.
  • Minsky, H. P. (2008), Stabilizing an Unstable Economy, The McGraw-Hill Company, USA.
  • Papadimitriou D. B., Nikiforos M., Zezza G. (2018), “Can Greece Grow Faster?”, The Jerome Levy Economics Institute of Bard College, Strategic Analysis, November.
  • Parenteau R. (2010). On Fiscal Correctness and Animal Sacrifices (Leading the PIIGS to Slaughter, Part 1), http://www.nakedcapitalism.com/2010/03/parenteau-on-fiscal-correctness-and-animal-sacrifices-leading-the-piigs-to-slaughter-part-1.html.
  • Wray L. R. ve E. Tymoigne (2008), “Macroeconomics Meets Hyman P. Minsky: The Financial Theory of Investment”, The Jerome Levy Economics Institute of Bard College, Working Paper No: 543.
  • Zezza G. (2009), “Fiscal Policy and the Economics of Financial Balances” The Jerome Levy Economics Institute of Bard College, Working Paper No: 569.
  • Turkish Statistical Institute.
  • Ministry of Development: Economic and Social Indicators (1950-2010), Annual Plans .
  • World Bank Database.

Ayrıntılar

Birincil Dil İngilizce
Konular Sosyal
Bölüm Makaleler
Yazarlar

Erkan TOKUCU
KAFKAS ÜNİVERSİTESİ, İKTİSADİ VE İDARİ BİLİMLER FAKÜLTESİ
0000-0002-9307-7589
Türkiye


Serkan KÜNÜ
IĞDIR ÜNİVERSİTESİ, İKTİSADİ VE İDARİ BİLİMLER FAKÜLTESİ
0000-0002-8641-5850
Türkiye


Murat AKÇA (Sorumlu Yazar)
KAFKAS ÜNİVERSİTESİ, İKTİSADİ VE İDARİ BİLİMLER FAKÜLTESİ
0000-0002-9974-8697
Türkiye

Yayımlanma Tarihi 31 Aralık 2019
Yayınlandığı Sayı Yıl 2019, Cilt 10, Sayı 20

Kaynak Göster

Bibtex @araştırma makalesi { kauiibf659483, journal = {Kafkas Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi}, issn = {1309-4289}, eissn = {2149-9136}, address = {}, publisher = {Kafkas Üniversitesi}, year = {2019}, volume = {10}, pages = {807 - 828}, doi = {10.36543/kauiibfd.2019.034}, title = {HYMAN P. MINSKY’S “BIG GOVERNMENT” APPROACH IN SECURING ECONOMIC STABILITY AND ITS APPLICABILITY IN THE TURKISH ECONOMY}, key = {cite}, author = {Tokucu, Erkan and Künü, Serkan and Akça, Murat} }
APA Tokucu, E. , Künü, S. & Akça, M. (2019). HYMAN P. MINSKY’S “BIG GOVERNMENT” APPROACH IN SECURING ECONOMIC STABILITY AND ITS APPLICABILITY IN THE TURKISH ECONOMY . Kafkas Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi , 10 (20) , 807-828 . DOI: 10.36543/kauiibfd.2019.034
MLA Tokucu, E. , Künü, S. , Akça, M. "HYMAN P. MINSKY’S “BIG GOVERNMENT” APPROACH IN SECURING ECONOMIC STABILITY AND ITS APPLICABILITY IN THE TURKISH ECONOMY" . Kafkas Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi 10 (2019 ): 807-828 <https://dergipark.org.tr/tr/pub/kauiibf/issue/50047/659483>
Chicago Tokucu, E. , Künü, S. , Akça, M. "HYMAN P. MINSKY’S “BIG GOVERNMENT” APPROACH IN SECURING ECONOMIC STABILITY AND ITS APPLICABILITY IN THE TURKISH ECONOMY". Kafkas Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi 10 (2019 ): 807-828
RIS TY - JOUR T1 - HYMAN P. MINSKY’S “BIG GOVERNMENT” APPROACH IN SECURING ECONOMIC STABILITY AND ITS APPLICABILITY IN THE TURKISH ECONOMY AU - Erkan Tokucu , Serkan Künü , Murat Akça Y1 - 2019 PY - 2019 N1 - doi: 10.36543/kauiibfd.2019.034 DO - 10.36543/kauiibfd.2019.034 T2 - Kafkas Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi JF - Journal JO - JOR SP - 807 EP - 828 VL - 10 IS - 20 SN - 1309-4289-2149-9136 M3 - doi: 10.36543/kauiibfd.2019.034 UR - https://doi.org/10.36543/kauiibfd.2019.034 Y2 - 2019 ER -
EndNote %0 Kafkas Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi HYMAN P. MINSKY’S “BIG GOVERNMENT” APPROACH IN SECURING ECONOMIC STABILITY AND ITS APPLICABILITY IN THE TURKISH ECONOMY %A Erkan Tokucu , Serkan Künü , Murat Akça %T HYMAN P. MINSKY’S “BIG GOVERNMENT” APPROACH IN SECURING ECONOMIC STABILITY AND ITS APPLICABILITY IN THE TURKISH ECONOMY %D 2019 %J Kafkas Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi %P 1309-4289-2149-9136 %V 10 %N 20 %R doi: 10.36543/kauiibfd.2019.034 %U 10.36543/kauiibfd.2019.034
ISNAD Tokucu, Erkan , Künü, Serkan , Akça, Murat . "HYMAN P. MINSKY’S “BIG GOVERNMENT” APPROACH IN SECURING ECONOMIC STABILITY AND ITS APPLICABILITY IN THE TURKISH ECONOMY". Kafkas Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi 10 / 20 (Aralık 2019): 807-828 . https://doi.org/10.36543/kauiibfd.2019.034
AMA Tokucu E. , Künü S. , Akça M. HYMAN P. MINSKY’S “BIG GOVERNMENT” APPROACH IN SECURING ECONOMIC STABILITY AND ITS APPLICABILITY IN THE TURKISH ECONOMY. KAÜİİBFD. 2019; 10(20): 807-828.
Vancouver Tokucu E. , Künü S. , Akça M. HYMAN P. MINSKY’S “BIG GOVERNMENT” APPROACH IN SECURING ECONOMIC STABILITY AND ITS APPLICABILITY IN THE TURKISH ECONOMY. Kafkas Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi. 2019; 10(20): 807-828.
IEEE E. Tokucu , S. Künü ve M. Akça , "HYMAN P. MINSKY’S “BIG GOVERNMENT” APPROACH IN SECURING ECONOMIC STABILITY AND ITS APPLICABILITY IN THE TURKISH ECONOMY", Kafkas Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, c. 10, sayı. 20, ss. 807-828, Ara. 2019, doi:10.36543/kauiibfd.2019.034

Aralık 2022 sayısı için araştırma makalelerinin kabul ve değerlendirmeleri devam etmektedir.