THE MACROECONOMIC IMPLICATIONS OF CONSUMPTION: STATE-OF-ART AND PROSPECTS FOR THE HETERODOX FUTURE RESEARCH

Autores

  • Lídia Brochier UNICAMP
  • Antonio Carlos Macedo e Silva UNICAMP

DOI:

https://doi.org/10.22456/2176-5456.65689

Palavras-chave:

Consumption, Household debt, Growth theories, Autonomous expenditures

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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Biografia do Autor

Lídia Brochier, UNICAMP

PhD student at the Programa de Pós-Graduação em Economia do Instituto de Economia, Universidade Estadual de Campinas (Unicamp).

Antonio Carlos Macedo e Silva, UNICAMP

PhD in Economics from the Universidade Estadual de Campinas (Unicamp). Associate professor of the Instituto de Economia da Universidade Estadual de Campinas (Unicamp).

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Publicado

2017-08-05

Como Citar

Brochier, L., & Silva, A. C. M. e. (2017). THE MACROECONOMIC IMPLICATIONS OF CONSUMPTION: STATE-OF-ART AND PROSPECTS FOR THE HETERODOX FUTURE RESEARCH. Análise Econômica, 35(especial). https://doi.org/10.22456/2176-5456.65689