naa a22 4500 510728995 CHVBK 20180411082945.0 cr unu---uuuuu 180411e20131001xx s 000 0 eng 10.1007/s11403-012-0091-8 doi (NATIONALLICENCE)springer-10.1007/s11403-012-0091-8 Ferri Piero Department of Economics "Hyman Minsky”, University of Bergamo, Via Dei Caniana 2, 24127, Bergamo, Italy aut Income distribution and debts in a fragile economy: market processes and macro constraints [Elektronische Daten] [Piero Ferri] The purpose of the paper is to study fluctuations in a fragile economy, where the role of debt and income distribution is considered. It is based upon a macro approach that emphasizes interactions between market processes and macro constraints within an uncertain environment. By utilizing a regime switching approach, where behavioural functions change when a threshold is violated, robust dynamics can be generated. The model can mimic some aspects of the present evolution of the world economy by means of simulations. Springer-Verlag, 2012 Debt nationallicence Interactions nationallicence Income distribution nationallicence Regime switching nationallicence Fluctuations nationallicence Journal of Economic Interaction and Coordination Springer Berlin Heidelberg 8/2(2013-10-01), 219-230 1860-711X 8:2<219 2013 8 11403 https://doi.org/10.1007/s11403-012-0091-8 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/s11403-012-0091-8 text/html Onlinezugriff via DOI NATIONALLICENCE 100 1- Ferri Piero Department of Economics "Hyman Minsky”, University of Bergamo, Via Dei Caniana 2, 24127, Bergamo, Italy aut NATIONALLICENCE 773 0- Journal of Economic Interaction and Coordination Springer Berlin Heidelberg 8/2(2013-10-01), 219-230 1860-711X 8:2<219 2013 8 11403 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer