Aggregate Demand, Inequality and Instability

Business & Finance, Economics, Macroeconomics, Theory of Economics
Cover of the book Aggregate Demand, Inequality and Instability by Piero Ferri, Edward Elgar Publishing
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Author: Piero Ferri ISBN: 9781786433053
Publisher: Edward Elgar Publishing Publication: December 30, 2016
Imprint: Language: English
Author: Piero Ferri
ISBN: 9781786433053
Publisher: Edward Elgar Publishing
Publication: December 30, 2016
Imprint:
Language: English
This book studies the relationships between aggregate demand, inequality and instability. It extends the traditional approach by introducing wealth and inequality into a dynamic macroeconomic model. Furthermore, it examines the role that debt and financial instability can play in turbulent times such as the Great Recession and its aftermath. Unlike Piketty, the author analyses the relationships between instability and inequality, and the feedbacks from the latter to the former, in a system approach where real and monetary factors interact to generate complex patterns.
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
This book studies the relationships between aggregate demand, inequality and instability. It extends the traditional approach by introducing wealth and inequality into a dynamic macroeconomic model. Furthermore, it examines the role that debt and financial instability can play in turbulent times such as the Great Recession and its aftermath. Unlike Piketty, the author analyses the relationships between instability and inequality, and the feedbacks from the latter to the former, in a system approach where real and monetary factors interact to generate complex patterns.

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