additional general equilibrium effect arises through internalization of an aggregate demand externality. We characterize steady …

assess short-term regimes of aggregate demand and distribution in Germany. The obtained Impulse Response Functions (IRFs) of … positive shocks in the direct wage-share had a stronger (negative) impact on aggregate demand, than the supervisory wage share …

This paper examines the changes in the dynamic interactions between aggregate demand and income distribution in the USA … study the interactions between aggregate demand and income distribution in both periods using structural quantile vector … the whole distribution of aggregate demand during neoliberalism; while profit squeeze dynamics have decreased at most …