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 … increasing profit share in both countries. -- Interest rate ; distribution ; demand ; capital accumulation ; Kaleckian model …

assess short-term regimes of aggregate demand and distribution in Germany. The obtained Impulse Response Functions (IRFs) of …

This paper presents a simple illustrative post-Kaleckian model of distribution and growth that incorporates personal … income inequality can potentially have contrary effects on aggregate demand and growth. It can illustrate some of the major … cascades from the very top to the very bottom of the distribution. For Germany, we fail to find compelling evidence for …

In this paper we analyse the effects of financialisation on income distribution, before and after the Great Financial … Crisis and the Great Recession. The focus is on functional income distribution and thus on the relationship between … financialisation and the wage share or the gross profit share. The analysis is based on a Kaleckian theory of income distribution …

examination of the pre-crisis demand and growth regime, the focus is on how financialisation has contributed to the German 'export …

real GDP growth, on the growth contributions of the main demand aggregates, and the financial balances of the macroeconomic … examines the effects of an increasing dominance of finance since the early/mid 1990s on income distribution, investment in …

sensitive to foreign activity. Germany has benefited from growth dynamics of trading partners and high income elasticities of … predicted export growth. Moreover, taking into account quantity and price effects caused by changes in the real exchange rate …