increasing globalisation. In this paper we extend this type of analysis and integrate the effects on productivity growth …, theoretically and empirically. Productivity growth is introduced into the theoretical model making use of the Verdoorn effect or of … Kaldor's technical progress function and hence of a positive relationship between GDP or capital stock growth and …

We tackle the issue of the possible instability of the Kaleckian distribution and growth model and the consequences for …., Lavoie, M., van Treeck, T. (2011): Some instability puzzles in Kaleckian models of growth and distribution: A critical survey … "normal rate" of capacity utilisation in Kaleckian models of distribution and growth - a survey, in: Metroeconomica, 63(1). …