Kapeller, Jakob; Schütz, Bernhard - In: Journal of Post Keynesian Economics 36 (2014) 4, pp. 781-814
series of events within a Minsky-Veblen cycle. To illustrate this claim we introduce conspicuous consumption concerns, as … described by Veblen, into a stock-flow-consistent post Keynesian model and demonstrate that, under these conditions, a decrease …