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This paper surveys current debates on the distributive cycle. The literature builds on R.M. Goodwin's seminal 1967 chapter titled "A growth cycle." We review theoretical motivations for the distributive cycle, which, despite significant differences, all imply that macroeconomic activity leads...
Persistent link: https://www.econbiz.de/10012286094
This paper surveys current debates on the distributive cycle. The literature builds on R.M. Goodwin's seminal 1967 chapter titled "A growth cycle." We review theoretical motivations for the distributive cycle, which, despite significant differences, all imply that macroeconomic activity leads...
Persistent link: https://www.econbiz.de/10012581571
Persistent link: https://www.econbiz.de/10009161831
Persistent link: https://www.econbiz.de/10003743448
The empirical literature on models of cyclical growth and distribution still lacks an explicit treatment of capital accumulation. Further, and from different theoretical perspectives, residential investment is seen as a critical driver of the business cycle. This paper addresses both issues....
Persistent link: https://www.econbiz.de/10014347384
Persistent link: https://www.econbiz.de/10015193559
Is the harmonization of different food standards between countries in the context of free trade agreements exclusively positive, or is there a risk of high social costs for consumers? The harmonization of different national regulations plays an important role in contemporary trade policy. In...
Persistent link: https://www.econbiz.de/10015205438
Persistent link: https://www.econbiz.de/10010395927
Persistent link: https://www.econbiz.de/10008697702