Mair, Douglas; Laramie, Anthony J.; Toporowski, Jan - Levy Economics Institute - 1994
In this paper we show that Weintraub:s consumption coefficient (the ratio of total consumption to wages) can elucidate trends in the sectoral and functional distributions of income We also show that, in a Kaleckian model, it simplifies and add precision to Kaleckian macroeconomics. Using a...
