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Neo-Kaleckian models with financial cycles: A center-periphery framework

The article develops a Neo-Kaleckian model that takes into account the impact of financial cycles on demand regimes. Both the financial instability hypothesis and the paradox of debt are considered, as well as both the upward and the downward phases of the economic cycle. The baseline model is insuf...

Ausführliche Beschreibung

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Bibliografische Detailangaben
Hauptverfasser: David Guimarães Coelho, Esteban Perez Caldentey
Format: Artigo
Sprache:Inglês
Veröffentlicht: Associazione Economia civile 2018-09-01
Schriftenreihe:PSL Quarterly Review
Schlagworte:
Online-Zugang:https://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/14431/14083
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