Cyclical patterns of employment, utilization and profitability

by Ben Zipperer and Peter Skott

The interaction between income distribution, accumulation, employment and the utilization of capital is central to macroeconomic models in the 'heterodox' tradition. This paper examines the stylized pattern of these variables using US data for the period after 1948. We look at the trends and cycles in individual time series and examine the bivariate cycical patterns among the variables. -- Growth ; business cycles ; aggregate demand ; instability ; income distribution ; utilization rate ; investment function ; pricing

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Year of publication:	2010
Authors:	Zipperer, Ben ; Skott, Peter
Publisher:	Amherst, Mass. : Univ. of Massachusetts, Dep. of Economics
Subject:	Konjunktur \| Business cycle \| Erwerbstätigkeit \| Employment \| Einkommensverteilung \| Income distribution \| Zeitreihenanalyse \| Time series analysis \| Kapazitätsauslastung \| Capacity utilization \| Investition \| Investment \| Heterodoxe Ökonomik \| Heterodox economics

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Extent:	Online-Ressource (14, 26 S.) graph. Darst.
Series:	Economics Department working paper series. - Amherst, Mass., ZDB-ID 2407593-0. - Vol. 2010,02
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Notes:	Systemvoraussetzungen: Acrobat Reader
Other identifiers:	hdl:10419/64206 [Handle]
Classification:	E12 - Keynes; Keynesian; Post-Keynesian ; E32 - Business Fluctuations; Cycles ; O41 - One, Two, and Multisector Growth Models
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10003989579