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Structuralist models have dealt with the linkages between structural changes and growth for a long time. The issue, however, seems not to have been exhausted, due to the "exogenous" productive structure framework most structuralist models have adopted so far. The structuralist North-South trade...
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Neo-Schumpeterian economics inspired by the work of Schumpeter and the financial Keynesianism of Minsky are often regarded as unrelated theoretical strands. In this paper, we try to combine these two literatures building on a parallelism between non-financial and financial firms. We focus on...
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This paper addresses the critique of the aggregational problem attached to the financial instability hypothesis of Hyman Minsky. The core of this critique is based on the Kaleckian analytical framework and, in very broad terms, states that the expenditure of firms for investment is at the same...
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