References
- Armington, P. S. 1969. “A Theory of Demand for Products Distinguished by Place of Production.” Staff Papers - International Monetary Fund 16 (1):159–78. doi:https://doi.org/10.2307/3866403.
- Brown, S., G. Garino, and K. Taylor. 2013. “Household Debt and Attitudes Toward Risk.” Review of Income and Wealth 59 (2):283–304. doi:https://doi.org/10.1111/j.1475-4991.2012.00506.x.
- Brown, S., and K. Taylor. 2008. “Household Debt and Financial Assets: Evidence from Germany, Great Britain and the USA.” Journal of the Royal Statistical Society: Series A (Statistics in Society) 171 (3):615–43. doi:https://doi.org/10.1111/j.1467-985X.2007.00531.x.
- Burgess, S., O. Burrows, A. Godin, S. Kinsella, and S. Millard. 2016. “A Dynamic Model of Financial Balances for the United Kingdom.” Bank of England Staff Working Paper No. 614, Bank of England, London, UK.
- Byrialsen, M. R., and H. Raza. 2018. “Macroeconomic Effects of Unemployment Benefits in Small Open Economies: A Stock–Flow Consistent Approach.” European Journal of Economics and Economic Policies: Intervention 15 (3):335–63. doi:https://doi.org/10.4337/ejeep.2018.00032.
- Byrialsen, M. R., and H. Raza. 2020. “An Empirical Stock-Flow Consistent Macroeconomic Model for Denmark.” Working Paper No. 942. Levy Economics Institute, New York.
- Byrialsen, M. R., and Raza, H. 2021. “Household Debt and Macroeconomic Stability: An Empirical Stock-Flow Consistent Model for the Danish Economy.” Metroeconomica, 1–54.
- Caldera, A., and Å. Johansson. 2013. “The Price Responsiveness of Housing Supply in OECD Countries.” Journal of Housing Economics 22 (3):231–49. doi:https://doi.org/10.1016/j.jhe.2013.05.002.
- Danielsson, J., R. Macrae, D. Vayanos, and J. Zigrand. 2020. “The Coronavirus Crisis is no 2008.” VoxEU, March 26.
- Danish Economic Council. 2020. “Corona-scenarier for dansk økonomi og de offentlige finanser” [Corona-Scenarios for the Danish Economy and the Public Finances]. Danish Economic Council Note, April 6. https://dors.dk/files/media/rapporter/2020/f20/corona/_corona_scenarier.pdf
- Danish Economic Council 2021. “Danish Economy Spring 2021” Danish Economic Council Report, (Spring). https://dors.dk/vismandsrapporter/dansk-oekonomi-foraar-2021.
- Economic Council of Labour Movement. 2021. “Coronagaelden havde vaeret højere uden hjaelpepakker” [Corona Debt Would Have Been Higher Without Aid Packages]. Economic Council of Labour Movement, Analysis, March 11.
- Gali, J. 2020. “Helicopter Money: The Time is Now.” VoxEU, March 17.
- Gattini, L., and I. Ganoulis. 2012. “House Price Responsiveness of Housing Investments Across Major European Economies.” ECB Working Paper no. 1461, European Central Bank, Frankfurt.
- Godley, W., and Lavoie, M. 2007. Monetary Economics: An Integrated Approach to Credit, Money, Income, Production and Wealth. Basingstoke: Palgrave Macmillan.
- Godley, W., and G. Zezza. 1992. “A Simple Stock Flow Model of the Danish Economy.” In Themes in Modern Macroeconomics. edited by H. Brink, 140–79. London: Palgrave Macmillan.
- IMF 2020. “IMF Managing Director Kristalina Georgieva’s Statement Following a G20 Ministerial Call on the Coronavirus Emergency.” IMF, March 23.
- IMF. 2021. “World Economic Outlook, April 2021: Managing Divergent Recoveries, Chapter 1.” IMF, Washington, DC, April, 2021.
- Kohlscheen, E., A. N. Mehrotra, and D. Mihaljek. 2018. “Residential Investment and Economic Activity: Evidence from the past Five Decades.” International Journal of Central Banking 16:287–329.
- Nationalbanken. 2020. “Dansk og international økonomi ramt af pandemi” [Danish and International Economy Hit by the Pandemic]. Danmarks Nationalbank Analysis 1st, Nr. 4 (April). https://www.nationalbanken.dk/da/publikationer/Documents/2020/04/ANALYSE_Nr%204_Dansk%20og%20international%20økonomi%20ramt%20af%20pandemi.pdf
- Nationalbanken 2021. “Mulighed for hurtig genopretning, når restriktioner lempes” [Possibility of Quick Recovery when Restrictions are Relaxed]. Danmarks Nationalbank Analysis, 17, Nr. 7 (March). https://www.nationalbanken.dk/da/publikationer/Documents/2021/03/ANALYSE_Nr.%207_Udsigter%20for%20dansk%20økonomi%20-%20marts%202021.pdf
- Nikiforos, M. 2020. “When Two Minskyan Processes Meet a Large Shock: The Economic Implications of the Pandemic.” Levy Economics Institute Policy Note 2020/1, New York.
- Onaran, O., and T. Obst. 2016. “Wage-Led Growth in the EU15 Member-States: The Effects of Income Distribution on Growth, Investment, Trade Balance and Inflation.” Cambridge Journal of Economics 40 (6) :1517–51. doi:https://doi.org/10.1093/cje/bew009.
- Rogoff, K. 2020. “That 1970s Feeling.” Project Syndicate, March 02; (August 7); https://www.project-syndicate.org/commentary/next-global-recession-hits-the-supply-side-by-kenneth-rogoff-2020-03
- Scheer, S. 2020. “Topøkonomer på stribe: Slip tøjlerne og brug den aktive økonomiske politik.” Netavisen Pio 19: 2020.
- Skott, P. 2019. “Challenges for Post-Keynesian Macroeconomics: A Behavioural and Structuralist Perspective.” In Progressive Post-Keynesian Economics, edited by J. Jespersen and F. Olesen, 16–32. Cheltenham, UK: Edward Elgar Publishing.
- Statistics Denmark 2020. “Regneeksempler om COVID19-krisen” [Calculation Examples of the COVID 19 crisis]. Statistics Denmark Note, April 1.
- Statistics Denmark 2021a. “Lille offentlig underskud trods COVID-19”[Small Government Deficit Despite COVID-19]. Statistics Denmark Note, June 29.
- Statistics Denmark 2021b. “Rekordstor stigning i den finansielle nettoformue” [Record-Breaking Increase in Net Financial Assets]. Statistics Denmark Note, March 29.
- Tobin, J. 1969. “A General Equilibrium Approach to Monetary Theory.” Journal of Money, Credit and Banking 1 (1):15–29. doi:https://doi.org/10.2307/1991374.
- Zezza, G. 2008. “US Growth, the Housing Market, and the Distribution of Income.” Journal of Post Keynesian Economics 30 (3):375–401. doi:https://doi.org/10.2753/PKE0160-3477300304.