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The macroeconomic implications of consumpion: state-of-art and prospects for the heterodox future research
The recent US economic scenario has motivated a series of heterodox papers concerned with household indebtedness and consumption. Though discussing autonomous consumption, most of the theoretical papers rely on private ...
A Miniskyan-Fisherian SFC model for analyzing the linkages of private financeial behavior and public debt
This paper builds a stock-fl ow consistent (SFC) model to analyze how private fi nancial behavior impacts fi scal variables, by exploring the linkages between the fi nancial and productive sides of the economy with ...