- Macroeconomics and Economic Policy
Building on the results of previous research, the project explores both the factorial study on income distribution and personal distribution. It also adds to the distributional problem the analysis of financial phenomena known as "financialization" that, according to post-Keynesian logic, help explain the level of economic activity and crises. Thus, both high inequality and "financialization" are both cause and consequence of various economic phenomena. What is "financialization"? How can it help generate economic crises? Is there evidence of such crises in Latin America? How have the increase in inequality and "financialization" generated crises in several economies in the region? These are some of the questions of the project, which aims to analyze these issues for the Peruvian economy and for Latin America between 1950 and 2014.