It is developed a mathematical post-keynesian macromodel of capacity utilization and growth in which the supply of credit-money is endogenous and firms' debt position - and thus the financial fragility of the economy - is explicitly modeled. Both the influence of interest rate and indebtedness on capacity utilization and the rates of profit and growth, on the one hand, and the effect of the parameters of the saving and investment functions on financial fragility, on the other hand, are carefully analyzed.
This is the author accepted manuscript. The final version is available from IFACModern economies are...
SCIELO:S0034-71402010000400003 (Nº de Acesso Web of Science)Recent literature on financial developme...
van der Hoog S. The Limits to Credit Growth: Mitigation Policies and Macroprudential Regulations to ...
Abstract: It is developed a mathematical post-keynesian macromodel of capacity utilization and growt...
A Post Keynesian macromodel of capacity utilization and economic growth is developed in which the su...
It is developed a dynamic macromodel of utilization and growth of productive capacity, in which the ...
Abstract: It is developed a dynamic macromodel of utilization and growth of productive capacity, in ...
The paper demonstrates possibilities of both convergence to the steady state and emergence of stable...
This paper demonstrates the diverse dynamical possibilities arising out of a simple macroeconomic mo...
This article presents a non-linear version of Taylor and O´Connell model of Minskian financial crisi...
The debate about whether or not a growth imperative exists in debt-based, interest-bearing monetary ...
Following the literature on growth, cycles and financial development, this paper develops an endogen...
The relation between the degree of financial development of an economy (measured by the extent in wh...
Finance, power and distribution are issues that are largely absent in conventional macroeconomics. ...
This paper demonstrates the diverse dynamical possibilities of a simple macroeconomic model of debt-...
This is the author accepted manuscript. The final version is available from IFACModern economies are...
SCIELO:S0034-71402010000400003 (Nº de Acesso Web of Science)Recent literature on financial developme...
van der Hoog S. The Limits to Credit Growth: Mitigation Policies and Macroprudential Regulations to ...
Abstract: It is developed a mathematical post-keynesian macromodel of capacity utilization and growt...
A Post Keynesian macromodel of capacity utilization and economic growth is developed in which the su...
It is developed a dynamic macromodel of utilization and growth of productive capacity, in which the ...
Abstract: It is developed a dynamic macromodel of utilization and growth of productive capacity, in ...
The paper demonstrates possibilities of both convergence to the steady state and emergence of stable...
This paper demonstrates the diverse dynamical possibilities arising out of a simple macroeconomic mo...
This article presents a non-linear version of Taylor and O´Connell model of Minskian financial crisi...
The debate about whether or not a growth imperative exists in debt-based, interest-bearing monetary ...
Following the literature on growth, cycles and financial development, this paper develops an endogen...
The relation between the degree of financial development of an economy (measured by the extent in wh...
Finance, power and distribution are issues that are largely absent in conventional macroeconomics. ...
This paper demonstrates the diverse dynamical possibilities of a simple macroeconomic model of debt-...
This is the author accepted manuscript. The final version is available from IFACModern economies are...
SCIELO:S0034-71402010000400003 (Nº de Acesso Web of Science)Recent literature on financial developme...
van der Hoog S. The Limits to Credit Growth: Mitigation Policies and Macroprudential Regulations to ...