Narrow search
Showing 1 - 5 of 5
Cover Image
Garegnani’s ‘theoretical enterprise’ and the theory of distribution
Levrero, Enrico Sergio - In: Review of Keynesian Economics 2 (2014) 4, pp. 464-482
This paper reconstructs the essential traits of Garegnani's thought on the theory of distribution. In particular, it … characteristic which was a constant of Garegnani's activity – that is, his attention to concrete economic phenomena and the search …. These two traits of Garegnani's work are traceable since his first contributions to economic theory – namely, from his …
Persistent link: https://www.econbiz.de/10011133478
Cover Image
The political economy of public investment and public finance: challenges for social democratic policies
Moudud, Jamee K.; Martinez-Hernandez, Francisco - In: Review of Keynesian Economics 2 (2014) 3, pp. 333-364
The ‘comprehensive socialization of investment’ was a key policy goal of The General Theory. And yet, empirically, we have seen a decline in the public investment share in most OECD countries since the economic crisis of the 1970s. In this paper we study several issues concerning...
Persistent link: https://www.econbiz.de/10011133438
Cover Image
Endogenous money and effective demand
Keen, Steve - In: Review of Keynesian Economics 2 (2014) 3, pp. 271-291
Endogenous money is a core component of post-Keynesian economics, but it has not been fully integrated into its macroeconomics. To do so requires replacing the accounting truism that ex post expenditure equals ex post income with the endogenous money insight that ex post expenditure equals ex...
Persistent link: https://www.econbiz.de/10010854920
Cover Image
Wage-led growth: theory, evidence, policy
Stockhammer, Engelbert; Onaran, Ozlem - In: Review of Keynesian Economics 1 (2013) 1, pp. 61-78
The paper provides an overview of the concept of wage-led growth, both as an analytical concept and as an economic policy strategy. At the core of our analysis is the distinction between wage-led and profit-led demand regimes. The Kaleckian tradition in macroeconomics asserts that a higher wage...
Persistent link: https://www.econbiz.de/10010854921
Cover Image
Distribution and accumulation in post-1980 advanced capitalism
Barba, Aldo; Pivetti, Massimo - In: Review of Keynesian Economics 1 (2012), pp. 126-142
The paper tries to build a framework of the interconnections between income distribution and accumulation for the years …
Persistent link: https://www.econbiz.de/10011133467