THE MACROECONOMIC IMPLICATIONS OF CONSUMPTION: STATE-OF-ART AND PROSPECTS FOR THE HETERODOX FUTURE RESEARCH
Autor(a) principal: | |
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Data de Publicação: | 2017 |
Outros Autores: | |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Análise Econômica (Online) |
Texto Completo: | https://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/65689 |
Resumo: | The recent US economic scenario has motivated a series of heterodox papers concerned with household indebtedness and consumption. Though discussing autonomous consumption, most of the theoretical papers rely on private investment-led growth models. An alternative approach is the so-called Sraffian supermultipler model, which treats long-run investment as induced, allowing for the possibility that other final demand components – including consumption – may lead long-run growth. We suggest that the dialogue between these approaches is not only possible but may prove to be quite fruitful. |
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THE MACROECONOMIC IMPLICATIONS OF CONSUMPTION: STATE-OF-ART AND PROSPECTS FOR THE HETERODOX FUTURE RESEARCHTHE MACROECONOMIC IMPLICATIONS OF CONSUMPTION: STATE-OF-ART AND PROSPECTS FOR THE HETERODOX FUTURE RESEARCHConsumptionHousehold debtGrowth theoriesAutonomous expendituresB59E12E21ConsumptionHousehold debtGrowth theoriesAutonomous expendituresB59E12E21The recent US economic scenario has motivated a series of heterodox papers concerned with household indebtedness and consumption. Though discussing autonomous consumption, most of the theoretical papers rely on private investment-led growth models. An alternative approach is the so-called Sraffian supermultipler model, which treats long-run investment as induced, allowing for the possibility that other final demand components – including consumption – may lead long-run growth. We suggest that the dialogue between these approaches is not only possible but may prove to be quite fruitful.The recent US economic scenario has motivated a series of heterodox papers concerned with household indebtedness and consumption. Though discussing autonomous consumption, most of the theoretical papers rely on private investment-led growth models. An alternative approach is the so-called Sraffian supermultipler model, which treats long-run investment as induced, allowing for the possibility that other final demand components – including consumption – may lead long-run growth. We suggest that the dialogue between these approaches is not only possible but may prove to be quite fruitful.UFRGS2017-08-05info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/6568910.22456/2176-5456.65689Análise Econômica; Vol. 35 (2017): n. especial, julho de 2017Análise Econômica; v. 35 (2017): n. especial, julho de 20172176-54560102-9924reponame:Análise Econômica (Online)instname:Universidade Federal do Rio Grande do Sul (UFRGS)instacron:UFRGSenghttps://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/65689/42799Copyright (c) 2019 Análise Econômicainfo:eu-repo/semantics/openAccessBrochier, LídiaSilva, Antonio Carlos Macedo e2017-10-04T19:58:19Zoai:seer.ufrgs.br:article/65689Revistahttps://seer.ufrgs.br/index.php/AnaliseEconomicaPUBhttps://seer.ufrgs.br/index.php/AnaliseEconomica/oai||rae@ufrgs.br2176-54560102-9924opendoar:2017-10-04T19:58:19Análise Econômica (Online) - Universidade Federal do Rio Grande do Sul (UFRGS)false |
dc.title.none.fl_str_mv |
THE MACROECONOMIC IMPLICATIONS OF CONSUMPTION: STATE-OF-ART AND PROSPECTS FOR THE HETERODOX FUTURE RESEARCH THE MACROECONOMIC IMPLICATIONS OF CONSUMPTION: STATE-OF-ART AND PROSPECTS FOR THE HETERODOX FUTURE RESEARCH |
title |
THE MACROECONOMIC IMPLICATIONS OF CONSUMPTION: STATE-OF-ART AND PROSPECTS FOR THE HETERODOX FUTURE RESEARCH |
spellingShingle |
THE MACROECONOMIC IMPLICATIONS OF CONSUMPTION: STATE-OF-ART AND PROSPECTS FOR THE HETERODOX FUTURE RESEARCH Brochier, Lídia Consumption Household debt Growth theories Autonomous expenditures B59 E12 E21 Consumption Household debt Growth theories Autonomous expenditures B59 E12 E21 |
title_short |
THE MACROECONOMIC IMPLICATIONS OF CONSUMPTION: STATE-OF-ART AND PROSPECTS FOR THE HETERODOX FUTURE RESEARCH |
title_full |
THE MACROECONOMIC IMPLICATIONS OF CONSUMPTION: STATE-OF-ART AND PROSPECTS FOR THE HETERODOX FUTURE RESEARCH |
title_fullStr |
THE MACROECONOMIC IMPLICATIONS OF CONSUMPTION: STATE-OF-ART AND PROSPECTS FOR THE HETERODOX FUTURE RESEARCH |
title_full_unstemmed |
THE MACROECONOMIC IMPLICATIONS OF CONSUMPTION: STATE-OF-ART AND PROSPECTS FOR THE HETERODOX FUTURE RESEARCH |
title_sort |
THE MACROECONOMIC IMPLICATIONS OF CONSUMPTION: STATE-OF-ART AND PROSPECTS FOR THE HETERODOX FUTURE RESEARCH |
author |
Brochier, Lídia |
author_facet |
Brochier, Lídia Silva, Antonio Carlos Macedo e |
author_role |
author |
author2 |
Silva, Antonio Carlos Macedo e |
author2_role |
author |
dc.contributor.author.fl_str_mv |
Brochier, Lídia Silva, Antonio Carlos Macedo e |
dc.subject.por.fl_str_mv |
Consumption Household debt Growth theories Autonomous expenditures B59 E12 E21 Consumption Household debt Growth theories Autonomous expenditures B59 E12 E21 |
topic |
Consumption Household debt Growth theories Autonomous expenditures B59 E12 E21 Consumption Household debt Growth theories Autonomous expenditures B59 E12 E21 |
description |
The recent US economic scenario has motivated a series of heterodox papers concerned with household indebtedness and consumption. Though discussing autonomous consumption, most of the theoretical papers rely on private investment-led growth models. An alternative approach is the so-called Sraffian supermultipler model, which treats long-run investment as induced, allowing for the possibility that other final demand components – including consumption – may lead long-run growth. We suggest that the dialogue between these approaches is not only possible but may prove to be quite fruitful. |
publishDate |
2017 |
dc.date.none.fl_str_mv |
2017-08-05 |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
https://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/65689 10.22456/2176-5456.65689 |
url |
https://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/65689 |
identifier_str_mv |
10.22456/2176-5456.65689 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
https://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/65689/42799 |
dc.rights.driver.fl_str_mv |
Copyright (c) 2019 Análise Econômica info:eu-repo/semantics/openAccess |
rights_invalid_str_mv |
Copyright (c) 2019 Análise Econômica |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
UFRGS |
publisher.none.fl_str_mv |
UFRGS |
dc.source.none.fl_str_mv |
Análise Econômica; Vol. 35 (2017): n. especial, julho de 2017 Análise Econômica; v. 35 (2017): n. especial, julho de 2017 2176-5456 0102-9924 reponame:Análise Econômica (Online) instname:Universidade Federal do Rio Grande do Sul (UFRGS) instacron:UFRGS |
instname_str |
Universidade Federal do Rio Grande do Sul (UFRGS) |
instacron_str |
UFRGS |
institution |
UFRGS |
reponame_str |
Análise Econômica (Online) |
collection |
Análise Econômica (Online) |
repository.name.fl_str_mv |
Análise Econômica (Online) - Universidade Federal do Rio Grande do Sul (UFRGS) |
repository.mail.fl_str_mv |
||rae@ufrgs.br |
_version_ |
1799766267970715648 |