In this paper, we study some of the properties of a discrete-time version of the two-class model of growth and …

In this paper, we revisit the inequality-growth relationship using an enhanced panel data set with improved inequality …, similar to Forbes we find a significant positive association between inequality and subsequent economic growth in the full … relationship between inequality and growth emerges due to the particular timing of inequality and growth dynamics in transition …

In this paper, we revisit the inequality-growth relationship using an enhanced panel data set with improved inequality …, similar to Forbes we find a significant positive association between inequality and subsequent economic growth in the full … relationship between inequality and growth emerges due to the particular timing of inequality and growth dynamics in transition …

A feature of Kaleckian models of distribution and growth that is often overlooked is that they describe a nonlinear … relation between functional income distribution and demand and growth, because the size of the multiplier is affected by …

role to play, if at all, but the interaction between distribution and growth is at the centre of Marxian and post …-Keynesian/Kaleckian approaches when it comes to explaining medium- to long-run trends of economic growth - and stagnation. In this contribution we … will thus provide Marxian and Kaleckian assessments of the distribution and growth regimes under finance …

in 1992. To examine the dynamics of the growth and subsequent reduction in government spending, we present a dynamic … GDP - but eventually diverge from output due to the growth of the welfare state. After government expenditures become … large, we identify an endogenous threshold on the economy's growth path where it is optimal for politicians to shrink the …

in 1992. To examine the dynamics of the growth and subsequent reduction in government spending, we present a dynamic … GDP - but eventually diverge from output due to the growth of the welfare state. After government expenditures become … large, we identify an endogenous threshold on the economy's growth path where it is optimal for politicians to shrink the …

in 1992. To examine the dynamics of the growth and subsequent reduction in government spending, we present a dynamic … GDP - but eventually diverge from output due to the growth of the welfare state. After government expenditures become … large, we identify an endogenous threshold on the economy's growth path where it is optimal for politicians to shrink the …

This paper examines the growth and income distribution effects of inflation in a growing economy with heterogeneous … consumption spending, we show that a higher growth of monetary supply yields a negative impact on growth and an ambiguous effect … impacts on growth and distribution …

-founded long-run economic growth model with normalized CES technology and endogenous labor- and capital-augmenting technical change … growth path as well as stable limit cycles via Hopf bifurcations. Both predictions are broadly in line with the empirical …