Financialization and Its Entrepreneurial Consequences

Ewing Marion Kauffman Foundation Research Paper

20 Pages Posted: 31 Mar 2011  

Date Written: March 1, 2011

Abstract

The U.S. financial sector expanded dramatically over the last hundred years in both relative and absolute terms. This expansion has had a number of causes and consequences, most of which can be lumped broadly under the heading of increased 'financialization' of the economy. This led, in part, to the financial crisis of 2008/2009. In this paper, however, we consider the implications of financialization for the structure of the U.S. economy, in particular for entrepreneurship.

Keywords: financial, financialization, crisis, economy, entrepreneurship, growth, financial crisis

Suggested Citation

Kedrosky, Paul and Stangler, Dane, Financialization and Its Entrepreneurial Consequences (March 1, 2011). Ewing Marion Kauffman Foundation Research Paper. Available at SSRN: https://ssrn.com/abstract=1798605 or http://dx.doi.org/10.2139/ssrn.1798605

Paul Kedrosky

University of California, San Diego (UCSD) ( email )

9500 Gilman Drive
Mail Code 0502
La Jolla, CA 92093-0502
United States

Ewing Marion Kauffman Foundation ( email )

4801 Rockhill Road
Kansas City, MO 64110-2046
United States

Dane Stangler (Contact Author)

Ewing Marion Kauffman Foundation ( email )

4801 Rockhill Road
Kansas City, MO 64110-2046
United States
816-932-1044 (Phone)

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