PASSARELLA, Marco - In: Rivista Italiana degli Economisti 15 (2010) 1, pp. 69-104
The aim of this paper is to describe the financial vulnerability of corporate sector by means of a simple Lotka-Volterra model. This should allow us to soften Lavoie's criticism of Minsky's "Financial Instability Hypothesis" which is based on the so called "paradox of debt".