Daily Archives: 03/29/2018


Abstract: In a stock-flow consistent macrodynamic model featuring two crucial endogenous destabilizing channels, debt accumulation and climate change, we perform a sensitivity analysis on four fundamental parameters of the climate and economic systems: (i) the climate sensitivity, (ii) the inertia of the carbon cycle, (iii) the labor productivity growth, and (iv) the share of damages sustained […]

EE – Coping With Collapse: A Stock-Flow Consistent Monetary Macrodynamics ...