Nonfiction | Business & Investing

Aggregate Demand, Inequality and Instability

by Piero Ferri

2020-03-20 16:05:08

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This book studies the relationships between aggregate demand, inequality and instability. It extends the traditional approach by introducing wealth and inequality into a dynamic macroeconomic model. Furthermore, it examines the role that debt and fin... Read more
This book studies the relationships between aggregate demand, inequality and instability. It extends the traditional approach by introducing wealth and inequality into a dynamic macroeconomic model. Furthermore, it examines the role that debt and financial instability can play in turbulent times such as the Great Recession and its aftermath. Unlike Piketty, the author analyses the relationships between instability and inequality, and the feedbacks from the latter to the former, in a system approach where real and monetary factors interact to generate complex patterns. Less

Book Details

Publication date December 30, 2016
Languageeng
ISBN9781786433053
autor-image
Piero Ferri
Author
...

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