Hein, Eckhard; Häusler, Christoph - 2024
-Keynesian conflict inflation and distribution theory: the Blecker/Setterfield (2019) and Lavoie (1992, 2022) (BSL) model based on Dutt … in wage- and price-inflation equations. BSL variants generally yield stable price Phillips curves, stable distribution … flat Phillips curves, stable distribution and employment curves, and hence stable equilibria in the HS approach. …