Cyclical patterns of employment, utilization and profitability

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.

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Year of publication:	2010
Authors:	Zipperer, Ben ; Skott, Peter
Publisher:	Amherst, MA : University of Massachusetts, Department of Economics
Subject:	growth \| business cycles \| aggregate demand \| instability \| income distribution \| utilization rate \| investment function \| pricing

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Series:	Working Paper ; 2010-02
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	632160128 [GVK] hdl:10419/64206 [Handle] RePEc:ums:papers:2010-02 [RePEc]
Classification:	E12 - Keynes; Keynesian; Post-Keynesian ; E32 - Business Fluctuations; Cycles ; O41 - One, Two, and Multisector Growth Models
Source:	EconStor

Persistent link: https://www.econbiz.de/10010287851