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Investimenti, autofinanziamento e teoria del ciclo economico

Author

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  • Piero FERRI

    (Universita' di Bergamo)

Abstract

The paper examines Mazzocchi’s contribution to the theory of business cycles, focusing the attention on the role of investment and cash flow. By referring to his very first contributions, a nonlinear model of business cycle is developed where the role of cash flow and of different dividend policy can have an impact on the fluctuations of the economy. Finally, the presence of uncertainty qualifies the results

Suggested Citation

  • Piero FERRI, 2006. "Investimenti, autofinanziamento e teoria del ciclo economico," Rivista Internazionale di Scienze Sociali, Vita e Pensiero, Pubblicazioni dell'Universita' Cattolica del Sacro Cuore, vol. 114(1-2), pages 121-134.
    • Handle: RePEc:vep:journl:y:2006:v:114:i:1-2:p:121-134
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    More about this item

    Keywords

    cash flow; investment; endogenous business cycle.;
    All these keywords.

    JEL classification:

    • E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment
    • E27 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Forecasting and Simulation: Models and Applications
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles

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