This dissertation consists of three independent essays. The first essay, "Long Waves and Short Cycles in a Model of Endogenous Financial Fragility," presents a stock flow consistent macroeconomic model in which financial fragility in firm and household sectors evolves endogenously through the...

This dissertation consists of three independent essays. The first essay, “Long Waves and Short Cycles in a Model of Endogenous Financial Fragility,” presents a stock flow consistent macroeconomic model in which financial fragility in firm and household sectors evolves endogenously through...

The KMG growth dynamics in Chiarella and Flaschel (2000) assume that wages, prices and quantities adjust sluggishly to disequilibria in labor and goods markets. This paper modifies the KMG model by introducing Steindlian features of capital accumulation and income distribution. The resulting...