CHARLES, Sébastien - In: Cahiers d’économie politique / Papers in Political … (2009) 56, pp. 41-61
This article presents a Neo-Kaleckian model with debt in which complete saving behaviours are taken into account. First, we analyse the short-run equilibrium values and the comparative static of the model in a standard way. Then, we examine the long-run results when the debt ratio is endogenous...