DOAJ Open Access 2023

Disaggregated savings. Some implications for a capital-based macroeconomic framework

Ignacio Martínez Fernández Miguel Ángel Alonso Neira Luis Palma Martos

Abstrak

As Bagus and Howden (2010) highlighted, one of the paths to achieve a more fruitful understanding of the business cycle involves examining saving as a heterogeneous analytical category. The aim of this paper is to continue this line of inquiry using the capital-based framework developed by Garrison (2001). This paper contributes to the literature by studying the impact of heterogenous savings on economic growth and business cycles in a capital-based macroeconomics framework. With this aim the implications of disaggregated saving is analysed by means of the differential market signals that are generated by cash-build savings (Pătruți, 2017) and loanable funds accessible through the credit markets.

Topik & Kata Kunci

Social Sciences Economic history and conditions

Penulis (3)

Ignacio Martínez Fernández

Miguel Ángel Alonso Neira

Luis Palma Martos

Format Sitasi

APA MLA BibTeX

Fernández, I.M., Neira, M.Á.A., Martos, L.P. (2023). Disaggregated savings. Some implications for a capital-based macroeconomic framework. https://doi.org/10.15446/cuad.econ.v42n88.102922

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Informasi Jurnal

Tahun Terbit: 2023
Sumber Database: DOAJ
DOI: 10.15446/cuad.econ.v42n88.102922
Akses: Open Access ✓