Finance, inflation and employment: A post-Keynesian/Kaleckian analysis
(2011)
Journal Article
The purpose of this paper is to contribute to the post-Keynesian/Kaleckian macroeconomic literature. We develop a macroeconomic model that explicitly integrates the role of borrowing and cash payment commitments on outstanding debt (interest plus pri... Read More about Finance, inflation and employment: A post-Keynesian/Kaleckian analysis.