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  2. The net worth trap: investment and output dynamics in ...

    https://api.newton.ac.uk/website/v0/events/preprints/NI14092
    Department of Physics, Loughborough University, Loughborough, UK† Corresponding author, School of Business and Economics, Loughborough Uni-. ... meetings, the University of Durham, BristolUniversity, London School of Economics and internal seminar and
  3. Modern Monetary Circuit Theory, Stability of Interconnected Banking…

    https://api.newton.ac.uk/website/v0/events/preprints/NI15063
    3. Economics is the science of confusing stocks with flows. In our opinion, the functioning of the economy and the role of money isbest described by the Monetary Circuit Theory (MCT), ... Histheory bridges macroeconomics and finance and, if not fully

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