Mair, Douglas; Laramie, Anthony J; Toporowski, Jan - In: Cambridge Journal of Economics 24 (2000) 2, pp. 225-36
Weintraub's consumption coefficient, the ratio of total consumer expenditure to income from employment, helps to elucidate trends in the sectoral and functional distributions of income. It simplifies and adds precision to Kaleckian macroeconomics by showing how distributions of income affect the...