Showing 1 - 10 of 20,616
Into an analytical stock-flow consistent Post-Kaleckian distribution and growth model the following transmission … channels of 'financialisaton' are integrated. 1. 'Financialisation' is assumed to affect distribution between firms and … rentiers in the short run, and distribution between capital and labour through a dividend-elastic mark-up in firms' price …
Persistent link: https://www.econbiz.de/10003836933
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
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 …
Persistent link: https://www.econbiz.de/10003747641
-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
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 … model, new neoclassical growth theories, classical/Marxian distribution and growth approaches, and post-Keynesian Kaldor …
Persistent link: https://www.econbiz.de/10011449878
We introduce a gender wage gap into basic one-good textbook versions of the neo-Kaleckian distribution and growth model … and examine the effects of improving gender wage equality on income distribution, aggregate demand, capital accumulation … and productivity growth. For the closed economy model, reducing the gender wage gap has no effect on the profit share, and …
Persistent link: https://www.econbiz.de/10012213998
In a Kaleckian monetary distribution and growth model with conflict inflation we assess the role of a Non Accelerating … rate tool is analysed. The problem of long run endogeneity of the NAIRU is addressed integrating the long run distribution …
Persistent link: https://www.econbiz.de/10003744527
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 …. Since inflation in our model is driven by distribution conflict, the "normal rate" of utilisation is associated with …
Persistent link: https://www.econbiz.de/10003744529
; distribution ; capital accumulation ; productivity growth ; Kaleckian model …-Kaleckian endogenous growth model, we examine the effects of increasing shareholder power on the demand regime, on the productivity regime … capital accumulation and productivity growth and hence on potential growth of the economy. However, such a regime does not …
Persistent link: https://www.econbiz.de/10009549822