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The interface between Monetary and Regional Economics is still little explored in Brazil. In this sense, the present paper aims to show the influence of regional aspects on the agent’s liquidity preference. Thus the paper is divided in four sections beyond a brief introduction. In the first...
Persistent link: https://www.econbiz.de/10015237801
The aim of this paper is to show that concepts such as growth regime, external constraints and financialization, which are very common in many post Keynesian studies on growth, are compatible and complementary, but the conciliation among them requires the use of some concepts of French...
Persistent link: https://www.econbiz.de/10010330519
The aim of this paper is to analyze the relationship between institutions, income distribution and growth in post-Keynesian tradition. Therefore, we developed a model that seeks to illustrate the way in which income distribution affects economic growth. Furthermore, we aim to show that the...
Persistent link: https://www.econbiz.de/10011537886
O objetivo deste artigo é apresentar um modelo macrodinâmico pós-keynesiano de simulação para uma economia aberta com câmbio flutuante e mobilidade imperfeita de capitais. Após a apresentação da estrutura básica do modelo, procede-se a simulação computacional do mesmo, a partir da...
Persistent link: https://www.econbiz.de/10005429894
The theoretical and empirical international trade literature suggests that there is long-term valuation/devaluation of the real exchange rate in the developed/undeveloped economies. We argue that the real exchange rate is affected by: i) intercountry differentials of the services sector...
Persistent link: https://www.econbiz.de/10004968486
The objective of this article is to present the structure and the first computational simulations of a one-sector macrodynamic model that imbed some elements of the post- keynesian theoretical framework. The theoretical elements embed in the model are: i) determination of the level of output by...
Persistent link: https://www.econbiz.de/10004968506
The objective of this article is to present the structure and the first computational simulations of a two sector macrodynamic model that embed some elements of the post-keynesian theoretical framework. The theoretical elements embed in the model are: i) determination of the level of output by...
Persistent link: https://www.econbiz.de/10004968632
The theory of unequal development is set to inquire why some countries and/or regions grow more than others. In the attempt to solve this problem, scholars have not explicitly considered money as an important factor in such a scenario. However, in accordance with a post-Keynesian approach, money...
Persistent link: https://www.econbiz.de/10004968742
Using Thirwall´s model, we can conclude that the restriction of the balance of payments was crucial in the determination of the Brazilian economic growth in the period 1947-2000. The estimated income elasticity of the demand for imported products, based on the extended Thirwall´s model, was...
Persistent link: https://www.econbiz.de/10004968764
This paper discusses the legacy of the institutionalist thought in the face of Veblen, Commons and Mitchell contributions. The remarkable complexity and scope of these contributions, despite being characterized by a still incipient theoretical content, is an important source of interaction with...
Persistent link: https://www.econbiz.de/10004970403