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 …

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 …

distribution and growth. The focus is on the effects of changes in distribution between shareholders/rentiers, firms and workers … shareholder power in Kaleckian/Post-Kaleckian models of distribution and growth, in: Review of Political Economy, 22(2). … growth.A revised version of this paper was published as: Hein, E., van Treeck, T. (2010): Financialisation and rising …

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 …

This paper develops a multi-country post-Kaleckian demand-led growth model that incorporates the role of the government …. One novelty of this paper is to integrate crosscountry effects of both changes in income distribution and fiscal policy …. The model is used to estimate econometrically the effects of income distribution and fiscal policy on the components of …

. The implications for growth and distribution depend on how the model is closed: (iv) with a distributive closure …A longstanding criticism to Keynesian and Kaleckian growth theories is the question: why would firms operating with …, equilibrium growth and profitability are both strictly below their socially-coordinated counterpart; (v) with an exogenous labor …

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 …

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 …

growth. In principle, it would be welcomed to pay more attention to the distribution aspects of economic growth. However …The aim of the concept of inclusive growth, which is being promoted in particular by international organisations such …-running debate on alternative welfare measures beyond GDP per capita. On the other, the discussion on the relationship between growth …

recent stylized facts on growth, distribution and education for the US. …We develop a classical macroeconomic model to examine the growth and distributional consequences of education. Contrary … to the received wisdom, we show that human capital accumulation is not necessarily growth-inducing and inequality …