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INVESTMENTI, AUTOFINANZIAMENTO E TEORIA DEL CICLO ECONOMICO
Rivista Internazionale di Scienze Sociali
Anno 114, No. 1/2 (Gennaio-Giugno 2006), pp. 121-134
Stable URL: http://www.jstor.org/stable/41624807
Page Count: 14
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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.
Rivista Internazionale di Scienze Sociali © 2006 Vita e Pensiero – Pubblicazioni dell’Università Cattolica del Sacro Cuore