Investimenti, autofinanziamento e teoria del ciclo economico
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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.
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