Riccardo Realfonzo
Biographic Data
| ID | 6536109 |
|---|---|
| NAME | Riccardo Realfonzo |
| GIVEN NAMES | Riccardo |
| FAMILY NAME | Realfonzo |
| SIGNATURE | REALFONZO R |
| AFFILIATIONS | Università del Sannio, Benevento, Italy |
| ORCID | 0000-0003-3773-4545 |
| VERIFIED | Yes |
| TOTAL WORKS | 8 |
| TOTAL CITATIONS | 9 |
| AUTHOR COUNT | 8 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 1997 |
| LATEST PUBLICATION YEAR | 2025 |
| H-INDEX | 2 |
Keynes, Graziani, and Non-Bank Financial Intermediaries
The Monetary Circuit Theory, Financialisation and the Rise of the Non-Bank Financial Intermediaries
An empirical Stock‐Flow Consistent regional model of Campania
We develop an innovative Stock-Flow Consistent macroeconometric regional model with five sectors, exploiting economic and financial statistics for Campania, covering the period 1995-2018, and propose a methodology to close the financial account of the private sector when financial data are lacking. The model is then used to perform medium term Economic Policy Scenario Analysis. We find that a debt-funded fiscal expansion has permanent positive ef…
Are EU Policies Effective to Tackle the Covid-19 Crisis? The Case of Italy
In response to the economic crisis unleashed by the Covid-19 pandemic, the EU authorities have launched extraordinary fiscal and monetary measures in support of member states. The impact of these measures is of great significance for Italy, the EU third-largest economy, which as a result of the pandemic has suffered a dramatic decline in GDP, and a further rise in the government debt to GDP ratio. Building on a stock-flow consistent, structural m…
The Real Effects of a Euro Exit
In the debate between supporters and critics of the euro, the opposing ideological extremes have gotten it wrong. The most important lesson we can learn from the experience of the past is that the outcome, in terms of growth, distribution, and employment, depends on how a country remains in the euro; or, in the case of a euro exit, on the quality of the economic policies that are put in place once the country regains control of monetary and fisca…
Money as Finance and Money as Universal Equivalent
This book unites diverse heterodox traditions in the study of endogenous money – which until now have been confined to their own academic quarters – and explores their similarities and differences from both sides of the Atlantic.
Marx Inside the Circuit
The aim of this paper is to show that Marxian labour theory of value can be consistently interpreted in terms of the monetary circuit model, where firms need initial finance to start production and where the money supply is endogenous. In contrast to the recently revived Marxian monetary models, in particular the New Interpretation, it is argued here that although the money wage is bargained for on the labour market, the real wage is determined b…
Finance and the Labor Theory of Value
Finance and the Labor Theory of Value
Marx Inside the Circuit
The aim of this paper is to show that Marxian labour theory of value can be consistently interpreted in terms of the monetary circuit model, where firms need initial finance to start production and where the money supply is endogenous. In contrast to the recently revived Marxian monetary models, in particular the New Interpretation, it is argued here that although the money wage is bargained for on the labour market, the real wage is determined b…
The Monetary Circuit Theory, Financialisation and the Rise of the Non-Bank Financial Intermediaries
Finance and the Labor Theory of Value
Marx Inside the Circuit
The aim of this paper is to show that Marxian labour theory of value can be consistently interpreted in terms of the monetary circuit model, where firms need initial finance to start production and where the money supply is endogenous. In contrast to the recently revived Marxian monetary models, in particular the New Interpretation, it is argued here that although the money wage is bargained for on the labour market, the real wage is determined b…
Money as Finance and Money as Universal Equivalent
This book unites diverse heterodox traditions in the study of endogenous money – which until now have been confined to their own academic quarters – and explores their similarities and differences from both sides of the Atlantic.
The Real Effects of a Euro Exit
In the debate between supporters and critics of the euro, the opposing ideological extremes have gotten it wrong. The most important lesson we can learn from the experience of the past is that the outcome, in terms of growth, distribution, and employment, depends on how a country remains in the euro; or, in the case of a euro exit, on the quality of the economic policies that are put in place once the country regains control of monetary and fisca…
An empirical Stock‐Flow Consistent regional model of Campania
We develop an innovative Stock-Flow Consistent macroeconometric regional model with five sectors, exploiting economic and financial statistics for Campania, covering the period 1995-2018, and propose a methodology to close the financial account of the private sector when financial data are lacking. The model is then used to perform medium term Economic Policy Scenario Analysis. We find that a debt-funded fiscal expansion has permanent positive ef…
Are EU Policies Effective to Tackle the Covid-19 Crisis? The Case of Italy
In response to the economic crisis unleashed by the Covid-19 pandemic, the EU authorities have launched extraordinary fiscal and monetary measures in support of member states. The impact of these measures is of great significance for Italy, the EU third-largest economy, which as a result of the pandemic has suffered a dramatic decline in GDP, and a further rise in the government debt to GDP ratio. Building on a stock-flow consistent, structural m…
Keynes, Graziani, and Non-Bank Financial Intermediaries
The Monetary Circuit Theory, Financialisation and the Rise of the Non-Bank Financial Intermediaries
Economic Theory and Policy (7 works) · Economics (7 works) · Macroeconomics (5 works) · Monetary economics (5 works) · Political Economy and Marxism (4 works) · Monetary policy (3 works) · Banking stability, regulation, efficiency (2 works) · Distribution (mathematics (2 works) · Economic Theory and Institutions (2 works) · Finance (2 works)