Question:

What's animal spirits?

by  |  earlier

0 LIKES UnLike

What's animal spirits hypothesis in Economics?

A paper says it refers to any randomness in the economy that is not related to uncertainties about economic fundamentals such as technology, preferences and endowments.

But I'm not sure what it is exactly.

 Tags:

   Report
Answer The Question I've Same Question Too

1 ANSWERS

Sort By: Date  |  Rating

  1. Keynes use the term to explain the speculative booms and bubbles followed by busts  in asset markets.

You're reading: What's animal spirits?

Question Stats

Latest activity: earlier.
This question has 1 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.
Register Now