Research At SCEPA
Real and Financial Crises in the Keynes-Kalecki Structuralist Model
WORKING PAPER | This paper shows how Keynes-Kalecki Structuralist models might benefit from agent-based microfoundations without sacrificing traditional macroeconomic themes.
Intermediation, Money Creation, and Keynesian Macrodynamics
WORKING PAPER | Using a multi-agent systems model, this paper shows that real economies, especially those subject to recurrent financial crises, can be neither horizontalist nor verticalist.