37 citations · 171 across the 23 of their papers we have counts for
24 papers
From debt crises to financial crashes (and back): a stock-flow consistent model for stock price bubbles
Matheus R. Grasselli, Adrien Nguyen-Huu
We develop a stochastic macro-financial model in continuous time by integrating two specifications of the Keen economic framework with a financial market driven by a jump-diffusion…
Cryptocurrencies and the Future of Money
Matheus R. Grasselli, Alexander Lipton
We review different classes of cryptocurrencies with emphasis on their economic properties. Pure-asset coins such as Bitcoin, Ethereum and Ripple are characterized by not being a l…
Economists' erroneous estimates of damages from climate change
Stephen Keen, Timothy M. Lenton, Antoine Godin +3
Economists have predicted that damages from global warming will be as low as 2.1% of global economic production for a 3C rise in global average surface temperature, and 7.9…
Sensitivity analysis of an integrated climate-economic model
Benjamin M. Bolker, Matheus R. Grasselli, Emma Holmes
We conduct a sensitivity analysis of a new type of integrated climate-economic model recently proposed in the literature, where the core economic component is based on the Goodwin-…
Past production constrains current energy demands: persistent scaling in global energy consumption and implications for climate change mitigation
Timothy J. Garrett, Matheus R. Grasselli, Stephen Keen
Climate change has become intertwined with the global economy. Here, we describe the importance of inertia to continued growth in energy consumption. Drawing from thermodynamic arg…
The Broad Consequences of Narrow Banking
Matheus R Grasselli, Alexander Lipton
We investigate the macroeconomic consequences of narrow banking in the context of stock-flow consistent models. We begin with an extension of the Goodwin-Keen model incorporating t…