Redde rationem: Kejnz, Minski i kolaps Long-Term Capital Management-a dvadeset godina kasnije
DOI:
https://doi.org/10.21301/eap.v14i1.13Ključne reči:
Hipoteza efikasnih tržišta, Kejnz, Minski, LTCM, špekulacijeApstrakt
Cilj rada je da na studiji slučaja kolapsa Long-Term Capital Management-a, velikog američkog hedž fonda, ukaže na zablude moderne finansijske teorije. Pretpostavke modela koje opredeljuju validnost teorije moraju biti realne. Odgovornost akademske zajednice u kreiranju ekonomske politike je značajna jer jedino validna teorija može imati za posledicu ekonomsku politiku koja će se uspešno nositi sa nestabilnošću globalne svetske ekonomije. S druge strane, ukoliko se ova činjenica zanemari, realno je očekivati nove finansijske potrese u vremenu koje dolazi.
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