Overview

This book studies the relationships between aggregate demand, inequality and instability. However, the role of inequality is proven to play a decisive role in shaping dynamics.

Full Product Details

Author:   Piero Ferri
Publisher:   Edward Elgar Publishing Ltd
Imprint:   Edward Elgar Publishing Ltd
ISBN:  

9781786433046

ISBN 10:   1786433044
Pages:   192
Publication Date:   30 December 2016
Audience:   College/higher education ,  Postgraduate, Research & Scholarly
Format:   Hardback
Publisher's Status:   Active
Availability:   To order  
Stock availability from the supplier is unknown. We will order it for you and ship this item to you once it is received by us.

Table of Contents

Contents: 1. Introduction PART I: Basic Concepts 2. Piketty's Contribution 3. Measurement 4. Inequality and Aggregate Demand PART II: Endogenous Dynamics and Instability 5. Aggregate Demand, Growth and Instability 6. Wealth, Public Debt and Instability 7. Recursive Workhorses PART III: The Macro Inference of Inequality 8. Rent, Wealth and Bubbles 9. A Model with Heterogeneous Supply 10. Wealth and Capital Gains in Financial Markets PART IV: Inequality, Finance and Instability 11. Inequality and the Financial Instability Hypothesis 12. Instability in a Regime Switching Model PART V: Concluding Remarks 13. A Summary 14. The Challenges Index

Reviews

'Piero Ferri is one of the most sophisticated economists with a firm grasp of the economic methodologies necessary to understand our complex and unstable economies, which he has studied for many years. He now adds to his modelling of Minsky processes, studies of income inequality that highlight and illuminate the key issues that bother us today. This book is essential reading for the professional economist.' - Jan Toporowski, SOAS, University of London, UK

`Piero Ferri is one of the most sophisticated economists with a firm grasp of the economic methodologies necessary to understand our complex and unstable economies, which he has studied for many years. He now adds to his modelling of Minsky processes, studies of income inequality that highlight and illuminate the key issues that bother us today. This book is essential reading for the professional economist.' -- Jan Toporowski, SOAS, University of London, UK

'Piero Ferri is one of the most sophisticated economists with a firm grasp of the economic methodologies necessary to understand our complex and unstable economies, which he has studied for many years. He now adds to his modelling of Minsky processes, studies of income inequality that highlight and illuminate the key issues that bother us today. This book is essential reading for the professional economist.' -- Jan Toporowski, SOAS, University of London, UK

Author Information

Piero Ferri, Professor Emeritus of Economics, University of Bergamo, Italy

Tab Content 6

Author Website:  

Customer Reviews

Recent Reviews

No review item found!

Add your own review!

Countries Available

All regions