Cimoli, Mario; Lima, Gilberto Tadeu; Porcile, Gabriel - Departamento de Economia, Faculdade de Economia, … - 2013
This paper focuses on the role of the production and trade structures in shaping conflicting claims over income shares and the dynamics of the real exchange rate in a Neo-Kaleckian macroeconomic model of growth and distribution. In the medium run, the economy adjusts to comply with two...