Showing 1 - 10 of 1,321
In a Kaleckian distribution and growth model with workers’ debt we examine the short- and long-run effects of three … in capital stock, re-distribution of income at the expense of the wage share, and increasing lending of rentiers to …
Persistent link: https://www.econbiz.de/10009325648
-Kaleckian endogenous growth model, we examine the effects of increasing shareholder power on the demand regime, on the productivity regime … capital accumulation and productivity growth and hence on potential growth of the economy. However, such a regime does not …
Persistent link: https://www.econbiz.de/10008549605
profit in a simple post-Kaleckian distribution and growth model. This model gives rise to different potential accumulation … regimes depending on the values of the parameters in the investment, saving and distribution function. Estimating these core …
Persistent link: https://www.econbiz.de/10008578293
This paper deals with the influence of different types of government expenditure on growth. It widens that proposed by …, generated by the variations in the distribution of the net income of the economy, to those working through the supply side … conditions different types of government expenditure are beneficial or detrimental for economic growth, comparing some results …
Persistent link: https://www.econbiz.de/10005042723
Neither the older post-Keynesian models of growth and distribution (Kaldor, J. Robinson) nor the models based on the …
Persistent link: https://www.econbiz.de/10008574608
We develop a Kaleckian model of growth with an endogenous employment rate and investigate the features following … the saving rate does not make the growth rate decrease, but the utilization decrease. In addition to that, an increase in … the rate of labor productivity exerts a positive impact on growth. …
Persistent link: https://www.econbiz.de/10011114362
an otherwise standard AK growth model. The resulting distribution of income between factors further determines the …Standard growth theory is based on atomistic agents with no strategic interactions among them. In contrast, we model … growth as resulting from a one-off, strategic game between workers and owners of capital (capitalists) on factor shares, in …
Persistent link: https://www.econbiz.de/10008564509
We introduce status in the most standard (canonical) macro model that is able to provide an analysis of growth and … distribution. We consider the question of whether status considerations enable the model to meet some important empirical findings …
Persistent link: https://www.econbiz.de/10008695063
of the labour income share to fall are identified, the effects of re-distribution on aggregate demand and growth are … be identified: inefficient regulation of financial markets, increasing inequality in the distribution of income, and … rising imbalances at the global (and at the Euro area) level. The focus of the paper is on the changes in distribution …
Persistent link: https://www.econbiz.de/10009643758
. Therefore, two major features of finance-dominated capitalism, the increasing inequality of income distribution and the rising …
Persistent link: https://www.econbiz.de/10009397198