Debt-led growth and its financial fragility: an investigation into the dynamics of a supermultiplier model
This paper discusses the financial sustainability of demand-led growth models. We assume a supermultiplier growth model in which household consumption is the autonomous component of demand that drives growth and discuss the financial sustainability of such dynamics of growth from the perspective of...
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| Format: | Article |
| Language: | English |
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Associazione Economia civile
2022-10-01
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| Series: | PSL Quarterly Review |
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| Online Access: | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/17644 |