Results 31 to 40 of about 1,168 (181)
Institutional Changes, Effective Demand, and Inequality: A Structuralist Model of Secular Stagnation
Metroeconomica, EarlyView.ABSTRACT This paper addresses the factors driving economic stagnation and inequality in the US over recent decades. We study a demand‐driven model with joint adjustment of the functional distribution and capacity utilization in the short run, and explore the dynamics of wealth accumulation and labor productivity growth in the long run.
Vinicius Curti Cícero, Daniele Tavani
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Moneta e Credito, 2012 A poco più di un anno dalla scomparsa di Franco Modigliani, l’Accademia Nazionale dei Lincei ha ritenuto doveroso dedicare, di intesa con la Banca d’Italia e il suo Governatore, a questo suo socio di fama mondiale un Convegno internazionale.
Giovanni Conso
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Social welfare effects of annuitization in small open economies
The Scandinavian Journal of Economics, EarlyView.Abstract This paper develops a theory of when annuitization improves or reduces social welfare. The analysis is based on a small open economy with exogenous prices, populated by overlapping generations of non‐altruistic agents. Annuities provide longevity risk insurance and above‐market returns, but also reduce accidental bequests that transfer ...
Tim D. Maurer
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From theory to practice in macroeconomic models: post-Keynesian eclecticism
PSL Quarterly Review, 2012 This paper re-examines and discusses the contribution of Franco Modigliani in the construction of macroeconomic models used for prediction and for the development of economic policies.
Ignazio Visco
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Moneta e Credito, 2020 Subito dopo la pubblicazione dell’articolo su Econometrica del 1944, annoverato tra i più importanti contributi alla sintesi neoclassica, Franco Modigliani torna a riflettere, come già negli anni Trenta in Italia, sul superamento dell’economia ...
Antonella Rancan
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Swiss Political Science Review, EarlyView.Abstract Recently, the socio‐economic agenda of populist radical right parties (PRRPs) has attracted growing scholarly interest, yet many studies focus specifically on positions on welfare policies. It is often argued that economic issues are of secondary importance to PRRPs, or that their positions are deliberately blurred to maximize electoral appeal.
Emmanuel Dalle Mulle +3 more
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The economists "Manifesto" unemployment in the EU seven years later: which suggestions still hold?
PSL Quarterly Review, 2012 I met Franco Modigliani in 1948. We had common interests in three fields of economic theory--Keynes and unemployment, the relations between monetary and real phenomena and market forms and price formation.
Beniamino Moro
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Toward a Holistic Theory of Financial Planning: Linking Planning to Health and Wellness
FINANCIAL PLANNING REVIEW, Volume 9, Issue 3, September 2026.ABSTRACT Financial planning impacts individuals and families in unique and powerful ways, and it does so across time and even generations. Through advances in financial planning, we are now not only aware of important psychological and relational dimensions and impacts of financial planning, but we are also becoming more aware of how financial planning
Stuart J. Heckman, Timothy M. Todd
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Moneta e Credito, 2013 This article constitutes the slightly modified italian version of a conference held at Trinity College in San Antonio, Texas, the text of which is being published in Lives of the Laureates - Enlarges Edition, MIT Press, Cambridge, Mass.
F. MODIGLIANI
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Automatic Workout Mortgage and Housing Consumption Choice
International Review of Finance, Volume 26, Issue 3, September 2026.ABSTRACT This paper further develops the Automatic Workout Mortgage (AWM) which embeds an insurance put option to reduce negative equity, systemic risk and promote economic recovery. We introduce a mathematical model showing that AWM raises household utility and increases housing demand.
Robert J. Shiller +3 more
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