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 …

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 …

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 presents a simple illustrative post-Kaleckian model of distribution and growth that incorporates personal … income inequality can potentially have contrary effects on aggregate demand and growth. It can illustrate some of the major … cascades from the very top to the very bottom of the distribution. For Germany, we fail to find compelling evidence for …

assess short-term regimes of aggregate demand and distribution in Germany. The obtained Impulse Response Functions (IRFs) of …

assess short-term regimes of aggregate demand and distribution in Germany. The obtained Impulse Response Functions (IRFs) of …

In this paper we discuss the relationship between the current account rebalancing in the Eu-rozone, income distribution … recently been obtained in the empirical literature estimating the German demand and growth regime based on post …-Kaleckian models. We will focus in particular on the relationship between nominal wages and functional income distribu-tion, on the one …

real GDP growth, on the growth contributions of the main demand aggregates, and the financial balances of the macroeconomic … examines the effects of an increasing dominance of finance since the early/mid 1990s on income distribution, investment in …