English, Article edition: Cash flow, investment, and Keynes-Minsky cycles Fazzari, Steven; Ferri, Piero; Greenberg, Edward

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/176588
Physical Description
  • article
Language
  • English

Edition details

Title
  • Cash flow, investment, and Keynes-Minsky cycles
Author
  • Fazzari, Steven
  • Ferri, Piero
  • Greenberg, Edward
Physical Description
  • article
Notes
  • This paper analyzes a dynamic model with (1) an investment function that emphasizes cash flow, (2) a Keynesian macroeconomic framework that determines cash flow endogenously, (3) a dynamic labor market model that drives wage and price adjustments, and (4) boundedly rational expectations. Simulations from the calibrated model generate endogenous cycles with characteristics described in Hyman Minsky's research. The cycle arises from the link between investment, interest rates, debt service, and cash flow. The amplitude and frequency of the cycle are related to the importance of cash flow for investment, the dynamics of inflation, and the distribution of income.
  • RePEc:eee:jeborg:v:65:y:2008:i:3-4:p:555-572
Language
  • English
Contributed by
OAIster

Get this edition

Other links

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment