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Investimenti, autofinanziamento e teoria del ciclo economico

Piero Ferri
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Piero Ferri: Universita' di Bergamo

Rivista Internazionale di Scienze Sociali, 2006, vol. 114, issue 1-2, 121-134

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

Keywords: cash flow; investment; endogenous business cycle. (search for similar items in EconPapers)
JEL-codes: E2 E27 E32 (search for similar items in EconPapers)
Date: 2006
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