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A new ecological macroeconomic model: Analysing the interactions between the ecosystem, the financial system and the macroeconomy (2015)
Journal Article
Dafermos, Y., Galanis, G., & Nikolaidi, M. (2015). A new ecological macroeconomic model: Analysing the interactions between the ecosystem, the financial system and the macroeconomy

Our economy, environment and financial system cannot be viewed in isolation: each interacts with the other. However, the current models that inform policy making lack a clear understanding of the links between these systems. This is a significant gap... Read More about A new ecological macroeconomic model: Analysing the interactions between the ecosystem, the financial system and the macroeconomy.

The 'other half' of the public debt-economic growth relationship: A note on Reinhart and Rogoff (2015)
Journal Article
Dafermos, Y. (2015). The 'other half' of the public debt-economic growth relationship: A note on Reinhart and Rogoff. European Journal of Economics and Economic Policies: Intervention, 12(1), 20-28. https://doi.org/10.4337/ejeep.2015.01.03

Reinhart/Rogoff (2010) and Reinhart et al. (2012) document a negative relationship between public debt and economic growth. However, by classifying the observations of their data set into public debt categories and identifying public debt overhang ep... Read More about The 'other half' of the public debt-economic growth relationship: A note on Reinhart and Rogoff.

Linking functional with personal income distribution: a stock-flow consistent approach (2015)
Journal Article
Dafermos, Y., & Papatheodorou, C. (2015). Linking functional with personal income distribution: a stock-flow consistent approach. International Review of Applied Economics, 29(6), 787-815. https://doi.org/10.1080/02692171.2015.1054365

© 2015 Taylor & Francis. This paper develops a benchmark stock-flow consistent model that links functional with personal income distribution. The model consists of various household groups that receive income from different sources or from the same... Read More about Linking functional with personal income distribution: a stock-flow consistent approach.