Goodwin cycles result from the dynamic interaction between a profit-led demand regime and
a reserve army effect in income distribution. The paper proposes the concept of a pseudo …

Abstract 'There are many 'Minskian'interpretations of how financial fragility builds up
reflecting the unsolved tensions regarding the transition from micro to macro results in …

The paper presents a survey of Post Keynesian (PK) agent‐based (AB) models and AB
models with PK features. It is argued that AB modeling is fully consistent with the PK …

This paper presents a fully formalised version of Hyman Minsky's two-price model of capital
investment embedded in a macroeconomic model consisting of an agent-based sector of …

This paper intends to contribute to the contemporary discussions about Minsky's economics
by reviewing how the key ideas of Minsky have been formalised in the heterodox literature …

Many interpretations and developments of the Financial Instability Hypothesis (FIH) rely on
aggregate leverage ratio indicators to proxy non-financial firms' sector financial fragility …

This study investigates the functioning of modern payment systems through the lens of
banks' maturity mismatch practices, and it examines the effects of banks' refusal to roll over …

This paper presents a hybrid agent-based stock-flow-consistent model featuring
heterogeneous banks, purposely built to examine the effects of variations in banks' …

In Minsky's Financial Instability Hypothesis (FIH), financial fragility of non-financial firms
tends to increase endogenously over the cycle along with the macroeconomic leverage …

This paper explores the joint effects of prudential regulation and monetary policy in a hybrid
agent-based-stock-flow-consistent model featuring an agent-based banking sector. The …