Showing 1 - 10 of 294
Persistent link: https://www.econbiz.de/10003380355
Persistent link: https://www.econbiz.de/10003524821
Persistent link: https://www.econbiz.de/10002084878
Persistent link: https://www.econbiz.de/10002899468
Persistent link: https://www.econbiz.de/10001702440
Persistent link: https://www.econbiz.de/10001807586
Persistent link: https://www.econbiz.de/10001810424
Persistent link: https://www.econbiz.de/10001773941
We develop a post-Keynesian macrodynamic model of productive capacity utilization and income distribution in which the supply of credit-money is endogenous. Nominal interest rate is set by banks as a markup over the base rate, which is exogenously determined by the monetary authority. Over time,...
Persistent link: https://www.econbiz.de/10005294709
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...
Persistent link: https://www.econbiz.de/10005085915