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In dem Papier wird die Mainstream-Diagnose der deutschen Stagnation im neuen Jahrtausend in Frage gestellt. Es wird …
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towards distribution and growth. …
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The increasing dominance of finance starting in the late 1970s/early 1980s in the US and the UK, and somewhat later in other countries, was associated with two fundamental and structural processes generating the contradictions of this phase of development and finally the financial and economic...
Persistent link: https://www.econbiz.de/10011431825
Starting from a review of the main strands of orthodox and heterodox distribution and growth models and their … variant of heterodox distribution and growth theories, we develop a simple modelling framework in which we can treat these … presented drawing on the relationship between the rate of profit and the rate of growth, as well as on the consideration of one …
Persistent link: https://www.econbiz.de/10011450856
, growth, instability and crises. We take a macroeconomic perspective and examine four channels of transmission of …
Persistent link: https://www.econbiz.de/10010332606
role to play, if at all, but the interaction between distribution and growth is at the centre of Marxian and post …-Keynesian/Kaleckian approaches when it comes to explaining medium- to long-run trends of economic growth - and stagnation. In this contribution we … will thus provide Marxian and Kaleckian assessments of the distribution and growth regimes under finance …
Persistent link: https://www.econbiz.de/10011797482
In a Kaleckian monetary distribution and growth model with conflict inflation we assess the role of a Non Accelerating …
Persistent link: https://www.econbiz.de/10010460435
In Kaleckian models of distribution and growth the equilibrium rate of capacity utilisation may persistently diverge …-run endogeneity. Generally, we show that in a Kaleckian monetary distribution and growth model, which takes the major features of a …
Persistent link: https://www.econbiz.de/10010460437