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Debt Cycles, Instability And Fiscal Rules: A Godley–Minsky Synthesis

Summary:
Debt Cycles, Instability And Fiscal Rules: A Godley–Minsky SynthesisYannis Dafermos has a new paper, Debt Cycles, Instability And Fiscal Rules: A Godley–Minsky Synthesis for the Cambridge Journal Of Economics.The main idea is to endogenise the stock-flow norm in stock-flow-consistent models.

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Debt Cycles, Instability And Fiscal Rules: A Godley–Minsky Synthesis

Yannis Dafermos has a new paper, Debt Cycles, Instability And Fiscal Rules: A Godley–Minsky Synthesis for the Cambridge Journal Of Economics.

The main idea is to endogenise the stock-flow norm in stock-flow-consistent models.