This paper demonstrates the diverse dynamical possibilities of a simple macroeconomic model of debt-financed investment-led growth in the presence of interest rate rules. We show possibilities of convergence to steady state, growth cycles around it as well as various complex dynamics from codim 1 and codim 2 bifurcations. The effectiveness of monetary policy in the form of interest rate rules is examined under this context
Abstract: It is developed a dynamic macromodel of utilization and growth of productive capacity, in ...
We introduce soft budget constraint and stop-go policy into a stable two-sector AK macro-model. As t...
We introduce soft budget constraint and stop-go policy into a stable two-sector AK macro-model. As t...
This paper demonstrates the diverse dynamical possibilities of a simple macroeconomic model of debt-...
This paper demonstrates the diverse dynamical possibilities arising out of a simple macroeconomic mo...
This paper demonstrates the diverse dynamical possibilities arising out of a simple macroeconomic mo...
The paper demonstrates possibilities of both convergence to the steady state and emergence of stable...
The paper demonstrates possibilities of both convergence to the steady state and emergence of stable...
It is developed a dynamic macromodel of utilization and growth of productive capacity, in which the ...
The aim of this paper is to derive an endogenous growth and cycles model which integrates the sector...
This is the author accepted manuscript. The final version is available from IFACModern economies are...
It is developed a mathematical post-keynesian macromodel of capacity utilization and growth in which...
This thesis examines the role of financial frictictions, capital regulation and fiscal policy in bus...
This thesis examines the role of financial frictictions, capital regulation and fiscal policy in bus...
The relation between the degree of financial development of an economy (measured by the extent in wh...
Abstract: It is developed a dynamic macromodel of utilization and growth of productive capacity, in ...
We introduce soft budget constraint and stop-go policy into a stable two-sector AK macro-model. As t...
We introduce soft budget constraint and stop-go policy into a stable two-sector AK macro-model. As t...
This paper demonstrates the diverse dynamical possibilities of a simple macroeconomic model of debt-...
This paper demonstrates the diverse dynamical possibilities arising out of a simple macroeconomic mo...
This paper demonstrates the diverse dynamical possibilities arising out of a simple macroeconomic mo...
The paper demonstrates possibilities of both convergence to the steady state and emergence of stable...
The paper demonstrates possibilities of both convergence to the steady state and emergence of stable...
It is developed a dynamic macromodel of utilization and growth of productive capacity, in which the ...
The aim of this paper is to derive an endogenous growth and cycles model which integrates the sector...
This is the author accepted manuscript. The final version is available from IFACModern economies are...
It is developed a mathematical post-keynesian macromodel of capacity utilization and growth in which...
This thesis examines the role of financial frictictions, capital regulation and fiscal policy in bus...
This thesis examines the role of financial frictictions, capital regulation and fiscal policy in bus...
The relation between the degree of financial development of an economy (measured by the extent in wh...
Abstract: It is developed a dynamic macromodel of utilization and growth of productive capacity, in ...
We introduce soft budget constraint and stop-go policy into a stable two-sector AK macro-model. As t...
We introduce soft budget constraint and stop-go policy into a stable two-sector AK macro-model. As t...