Abstract Since the Global Financial Crisis, interest in financial cycles has risen significantly.
While much of modern macroeconomics conceives financial crises as the results of …

Financial and economic crises are not always the same. It is important to understand why
some episodes of crisis generate prolonged and systemic recessions. Developing the …

Neoclassical economists posted many mea culpas after they completely missed the
Financial Crisis of 2008. Some heterodox schools of thought, however, claimed to have …

Since the Global Financial Crisis, Minsky's financial instability hypothesis (FIH) has been
receiving growing attention in macroeconomic analyses and policy making. Many …

The global recession triggered by the great financial crisis and the response to the COVID-
19 emergency have renewed the interest in connecting business cycle dynamics to financial …

Exchange rates can be an important source of financial and economic instability. The
dissertation develops a novel demand-led agent-based model to understand the joint …