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Model uncertainty in macroeconomics : on the implications of financial frictions
Lieberknecht, Philipp; Binder, Michael; Quintana, Jorge; … - In: Essays on macroeconomic policies and financial frictions, (pp. 7-71). 2019
Persistent link: https://www.econbiz.de/10013190541
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Nonlinear endogenous business cycles : Zambelli-Goodwin excursions in cellular automata worlds
Lee, Cassey - In: Keynesian, Sraffian, computable and dynamic economics : …, (pp. 311-327). 2021
Cellular automata (CA) can be used to study nonlinear endogenous business cycles. This leads to an examination of the classification of business cycles based on Wolfram's four classes of the dynamical behaviour of cellular automata. Following the path set by Zambelli and Goodwin, a study of...
Persistent link: https://www.econbiz.de/10012523203
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Fiscal multipliers in policy-focused models with financial sector risk
Lieberknecht, Philipp; Binder, Michael; Wieland, Volker - In: Essays on macroeconomic policies and financial frictions, (pp. 191-242). 2019
Persistent link: https://www.econbiz.de/10013190577
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Nominal shocks, net worth and economic activity : a new Keynesian view of the monetary transmission mechanism
Delli Gatti, Domenico; Gallegati, Mauro - In: Financial constraints and markets failures : the …, (pp. 207-236). 1999
Persistent link: https://www.econbiz.de/10001555130
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Interest rate pass-through, monetary policy rules and macroeconomic stability
Kwapil, Claudia (contributor); Scharler, Johann (contributor) - In: Ökonomische Dynamik in Zentraleuropa : Innovation, …, (pp. 1-29). 2006
Persistent link: https://www.econbiz.de/10003478473
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Estimating the impact of fiscal stimulus packages
Roye, Björn van; Wesselbaum, Dennis - In: The crisis and beyond, (pp. 44-49). 2009
Persistent link: https://www.econbiz.de/10003941457
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The impact of constrained monetary policy on fiscal multipliers on output and inflation
Bletzinger, Tilman; Lalik, Magdalena - In: Essays in macroeconomics, (pp. 95-141). 2016
Persistent link: https://www.econbiz.de/10012300760
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The interaction between growth and cycle in macrodynamic models of the economy
Sordi, Serena - In: The theory of economic growth : a classical perspective, (pp. 284-304). 2003
Persistent link: https://www.econbiz.de/10001757610
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Growth cycles in a modified Hicksian business cycle model
Puu, Tönu - In: Business cycle dynamics : models and tools ; with 7 tables, (pp. 193-222). 2006
Persistent link: https://www.econbiz.de/10003375729
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Burying Samuelson's multiplier-accelerator and resurrecting Goodwin's growth cycle in Minsky
Keen, Steve - In: Feedback economics : economic modeling with system dynamics, (pp. 495-519). 2021
Samuelson's Multiplier-Accelerator model is based on the economic mistake of adding together desired investment and actual savings to derive aggregate expenditure, when it is the sum of actual investment and actual savings. Its fluctuations are not a model of the business cycle, but convergence...
Persistent link: https://www.econbiz.de/10012604509