Showing 1 - 10 of 1,353
We analyse the relationship between functional income distribution and economic growth in Austria, France, Germany, the … Netherlands, the UK and the USA from 1960 until 2005. The analysis is based on a demand-driven distribution and growth model for … Bhaduri/Marglin's (1990) theoretical conclusion that wage-led growth becomes less feasible when the effects of distribution on …
Persistent link: https://www.econbiz.de/10003744536
We analyse the relationship between functional income distribution and economic growth in France and Germany from 1960 … until 2005. The analysis is based on a demand-driven distribution and growth model for an open economy inspired by Bhaduri …/Marglin (1990), which allows for profit- or wage-led growth. First, we apply a single equation approach, estimating the effects of …
Persistent link: https://www.econbiz.de/10003744537
-regulation and downsizing of the financial sector, the re-distribution of income (and wealth) from top to bottom and from capital to …
Persistent link: https://www.econbiz.de/10011431645
role to play, if at all, but the interaction between distribution and growth is at the centre of Marxian and post … will thus provide Marxian and Kaleckian assessments of the distribution and growth regimes under finance …The re-distribution of income from labour to capital, from workers to top-managers, and from low income households to …
Persistent link: https://www.econbiz.de/10011790517
We analyse the relationship between functional income distribution and economic growth in Austria, France, Germany, the … Netherlands, the UK and the USA from 1960 until 2005. The analysis is based on a demand-driven distribution and growth model for … an open economy inspired by Bhaduri and Marglin, which allows for either profit- or wage-led growth. We find that growth …
Persistent link: https://www.econbiz.de/10012716379
the financial sector and the non-financial sectors of the economy associated with 'financialisation' on distribution …, growth, instability and crises. We take a macroeconomic perspective and examine four channels of transmission of … financialisation to the macroeconomy: first, the effect on income distribution, second, the effects on investment in capital stock …
Persistent link: https://www.econbiz.de/10010242861
The severe impacts of the global financial crisis had effects on all world. However, in Sudan scientists and researchers were greatly shocked because of the governmental camouflaging on their real effects on the economy. Minister of National Economy and Finance denied the effects on the Sudanese...
Persistent link: https://www.econbiz.de/10013037829
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 …
Persistent link: https://www.econbiz.de/10003772369
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 …
Persistent link: https://www.econbiz.de/10009549819
In a Kaleckian distribution and growth model with workers' debt we examine the short- and long-run effects of three … in capital stock, re-distribution of income at the expense of the wage share, and increasing lending of rentiers to … financial crisis due to systemic stock-flow or stock-stock dynamics. -- Finance-dominated capitalism ; distribution ; household …
Persistent link: https://www.econbiz.de/10009550322