Please use this identifier to cite or link to this item: http://repositorio.unicamp.br/jspui/handle/REPOSIP/79308
Type: Artigo de periódico
Title: Debt, financial fragility, and economic growth: a Post Keynesian macromodel
Author: Meirelles, AJA
Lima, GT
Abstract: A Post Keynesian macromodel of capacity utilization and economic growth is developed in which the supply of credit-money by the banking system is endogenous, and firms' financial fragility is explicitly modeled. Both the influence of interest rate and indebtedness on capacity utilization and the rates of profit and economic growth, on the one hand, and the effect of the parameters of the saving and investment functions on firms' financial fragility, on the other hand, are carefully analyzed.
Subject: financial fragility
growth
indebtedness
Country: EUA
Editor: M E Sharpe Inc
Rights: fechado
Identifier DOI: 10.2753/PKE0160-3477290105
Date Issue: 2006
Appears in Collections:Unicamp - Artigos e Outros Documentos

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