The paper provides a theoretical exposition of the different motives to save, i.e. not to spend. The structure of consumer confidence is described with the methodology of data (sources). It is followed by the re-estimation of the model of consumer confidence for both the 1972-1987 and the...

We combine Minsky's financial fragility analysis, behavioural analysis of decision rules and the evolutionary economics of rule trajectories to provide an empirically grounded and computationally tractable theory of the complex evolutionary dynamics of speculative financial upswings. The...