Post Keynesian (PK) growth models typically fail to model unemployment. That shows up in the absence of any equilibrium … condition requiring the growth of employment equal effective labor supply growth. Consequently, the models can have an imploding … problem. This paper shows how the knife-edge problem can be resolved via a Kaldor - Hicks technological progress function. The …

This paper links the super-multiplier to Keynesian macroeconomics, showing it to be the most Keynesian of growth … accumulation. Firms' decisions regarding capital accumulation coordinate demand and supply growth in goods markets. The paper then … explores the implications of incorporating the super-multiplier in the Neo-Kaleckian and Cambridge growth models. Lastly, it …

Kaldorian growth theory—the Kaldor-Dixon-Thirlwall (KDT) model. In particular, the paper demonstrates that this model predicts …Findings of conditional convergence are usually interpreted within a neoclassical growth framework. This follows from … neoclassical growth model. Given this explicit derivation, findings of conditional convergence might be thought to discriminate …

This paper presents growth models based on Kaldor´s inaugural lectures, as well as their most recent extensions. Beyond … characteristics originally proposed by Kaldor, also have considerably increased the analytical scope of the field by establishing … elasticities. Finally, from kaleckian growth models, the importance of a multi-sectoral analysis and of distinct distributive …

literature, as having a ‘special role’ as an engine of growth. This article examines Marx’s approach to manufacturing, and the … to accumulation and growth. It is demonstrated that the precursors of a number of the important ideas in non …

Post Keynesian (PK) growth models typically fail to model unemployment. That shows up in the absence of any equilibrium … condition requiring the growth of employment equal effective labor supply growth. Consequently, the models can have an imploding … problem. This paper shows how the knife-edge problem can be resolved via a Kaldor - Hicks technological progress function. The …

This paper links the super-multiplier to Keynesian macroeconomics, showing it to be the most Keynesian of growth … accumulation. Firms' decisions regarding capital accumulation coordinate demand and supply growth in goods markets. The paper then … explores the implications of incorporating the super-multiplier in the Neo-Kaleckian and Cambridge growth models. Lastly, it …

/post-Keynesian approaches towards distribution and growth, the Kaldor-Robinson, the Kalecki-Steindl and the Sraffian Supermultiplier model. …