Search Results - subject_exact:"Kaldor-Pasinetti theory of distribution"

Distributive conflict and wage formation in Germany : a Kaleckian perspective on nominal wages and demand (1990-2024)

Boughabi, Houssam - 2026

This paper investigates the interplay between distributive conflict, wage dynamics, and persistent unemployment within a Kaleckian framework, emphasizing the long-memory properties of wages. We develop a stochastic model in which wages adjust adaptively to cumulative historical discrepancies...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015611413

From discrete choice to endogenous distributions : selection and heterogeneity

Nigai, Sergey - 2026

This paper develops a tractable framework in which heterogeneity, captured by the distribution of agent characteristics within an alternative (sector, location, or occupation), emerges endogenously in equilibrium through selection rather than being imposed exogenously. I show that widely used...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015596628

A Kaleckian approach to the financialization-distribution-inflation nexus : Germany and Austria in comparative perspective

Dabrowski, Cara - 2025

In this paper, I extend the Hein and Stockhammer model of distribution and inflation by incorporating structural trends of financialization through three Kaleckian channels: (1) sectoral recomposition, (2) financial overhead costs and rentiers' profit claims, and (3) the bargaining power of...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015272896

The fiscal theory of income distribution in action : South African low-income vs high-income earners response to fiscal policy shocks

Zungu, Lindokuhle Talent - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015195509

Recent neoclassical contributions on the origins of inequality : a Sraffian critique

Cesaratto, Sergio - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015465992

Kaleckian economics after Kalecki : a survey

Hein, Eckhard - 2025

This contribution reviews key developments in Kaleckian economics after Kalecki, with a focus on its application to mature capitalist economies. Rather than revisiting interpretations of Kalecki's original work, the contribution highlights subsequent theoretical and empirical extensions. It...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015439233

Adam Smith's implicit theory of distributive justice

Arevuo, Mikko - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015441785

Growth is wage-led in the long run

Barrales-Ruiz, Jose; Mendieta-Muñoz, Ivan; Rada, Codrina; … - 2025

The literature on the empirical linkages between economic growth (or other measures of macroeconomic performance) and the functional distribution of income is copious on the short run. The sustained and simultaneous decline in average rates of real GDP growth and the labor share of income in the...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015614521

A reevaluation of the inverted-U theory of income distribution in China's public economy

Chen, Zongsheng; Zhang, Jie; Ayaz, Muhmmad - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015583283

Inflation and income distribution in Brazil from a Kaleckian perspective

Rolim, Lilian - 2024

This article shows that income inequality and inflation in Brazil are multidimensional phenomena linked to the unemployment rate and to the foreign sector. Consequently, the relationship between inflation and income distribution depends on the source of inflationary pressures, as evident in the...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015057217

A simple theory of Pareto-distributed earnings

Harmenberg, Karl - 2024

I introduce a simple model which endogenously generates a Pareto distribution in top earnings. Workers inhabit different niches, and the earnings of a worker is determined by the niche-specific supply of labor and a downward-sloping labor demand curve. The highest paid workers are the ones that...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015075876

Neoclassical production, scarcity of skills and Pareto distributions

Lopez-Velasco, Armando R. - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015075885

Kaleckian Models of conflict inflation, distribution and employment : a comparative analysis

Hein, Eckhard; Häusler, Christoph - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015193383

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Kaleckian models of conflict inflation, distribution and employment : a comparative analysis

Hein, Eckhard; Häusler, Christoph - 2024

Book / Working Paper

A Kaleckian approach to financialization and functional income distribution : Austria and Finland in comparative perspective

Dabrowski, Cara; Kuhls, Sonia - 2024

In this paper, we examine if and to what extent the Kaleckian theory of mark-up pricing can explain changes in functional income distribution in an environment of financialization. Following this approach, we expect financialization to influence the aggregate wage share through three channels:...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014502305

On the possibility of an ever-increasing wealth concentration : Pasinetti, dual, and anti-dual equilibria in a Post-Keynesian framework

Ederer, Stefan; Rehm, Miriam - 2024

This paper develops a stock-flow consistent Post-Keynesian model in the Kalecki-Steindl tradition with endogenous wealth accumulation and distribution, which captures the key aspects of the Cambridge debate on (anti-)dual and Pasinetti equilibria. We find that a stable interior solution - that...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015149327

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On the possibility of an ever-increasing wealth concentration : pasinetti, dual, and anti-dual equilibria in a Post-Keynesian framework

Ederer, Stefan; Rehm, Miriam - 2024

Book / Working Paper

A post-Kaleckian econometric analysis of interest rates, income distribution, capacity utilization, accumulation and profit rates : the case of Italy

Kurt, Ozan Ekin - 2024

The aim of this paper is to analyze the effects of interest rates on rates of capacity utilization, capital accumulation and profit in Italy within a post-Kaleckian theoretical framework. The model employed in the analysis, which was developed by Hein/Schoder (2011), is based on monetary-...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015095355

Luigi Pasinetti : an appreciation

Milgate, Murray; Eatwell, John; De Vivo, Giancarlo - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015330277

Income distribution and the rate of profit in Marx and the classics : a comparative study

Scarano, Giovanni - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015339373

A Schumpeterian exploration of Gini and top/bottom income shares

Haruyama, Tetsugen - 2025

Data show that an increase in the Gini coefficient is associated with a falling bottom 𝑝𝐵% income share and an increasing top 𝑝𝑇 % income share where, for example 𝑝𝐵 = 40 and 𝑝𝑇 = 1. This relationship, which we call the 𝑋 inequality relationship, is pervasive in the...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015617289

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A Schumpeterian Exploration of Gini and top/bottom income shares

Haruyama, Tetsugen - 2021

Book / Working Paper

A Schumpeterian Exploration of Gini and Top/Bottom Income Shares

Haruyama, Tetsugen - 2023

Book / Working Paper

Physics-inspired analysis of the two-class income distribution in the USA in 1983-2018

Yakovenko, Victor M.; Ludwig, Danial - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014317167

Banking sector, distributive conflict, and monetary theory of distribution

Zolea, Riccardo - 2023

This paper analyzes the implications of distributional contrast for the monetary theory of distribution. The first step is to try to introduce the banking sector within Pivetti's monetary distribution theory approach. Pivetti in fact does not analyze the links between the central bank and the...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014320885

An alternative functional form for the Lorenz curve with empirical applications

Thitithep Sitthiyot; Kanyarat Holasut - 2023

Given that the Lorenz curve is widely used for analyzing income distribution and inequality, this study introduces an alternative functional form for the Lorenz curve that is constructed based on the weighted average of the exponential function and the functional form implied by Pareto...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014286803

Capitalist-worker wealth distribution in a task-based model of automation

Jacobs, Arthur - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014229474

The dependence of growth on the profitability of capital in the Kaleckian literature : a critical evaluation

Trezzini, Attilio; Salvati, Luigi - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015546365

Monetary policy and income distribution : the Pasinetti index

Kappes, Sylvio; Rochon, Louis-Philippe - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015546424

Distributional regimes in the US : the Pasinetti index and the monetary policy effects on income distribution

Clavijo Cortes, Pedro Hugo; Kappes, Sylvio; Rochon, … - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015546428

Changing quantile distributive growth cycles

Barrales-Ruiz, Jose; Mendieta-Muñoz, Ivan - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015654294

Natural forces matter : a note on Simon N. Patten's critique of John B. Clark's theory of distribution

Fiorito, Luca; Vatiero, Massimiliano - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015420597

Effects of income distribution and fiscal policy on growth in Turkey : a Kaleckian analysis

Yilmaz, Eda; Bahçe, Serdal - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015421078

Modeling income distributions using two-sided densities

van Dorp, J. René; Shittu, Ekundayo - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015464067

A Kaleckian approach to financialization and distribution : Austria and Finland in comparison

Dabrowski, Cara; Kuhls, Sonia - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015442081

The future of growth and distribution in an economy with automation technology

Sasaki, Hiroaki - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015554166

The centrifugal nature of the labour market and justice

Dietsch, Peter - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015555206

A Kaleckian growth model with public capital and debt accumulation

Nishi, Hiroshi; Okuma, Kazuhiro - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015399643

The κ-statistics approach to income distribution analysis

Clementi, Fabio - 2025

This Element presents the κ-generalized distribution, a statistical model tailored for the analysis of income distribution. Developed over years of collaborative, multidisciplinary research, it clarifies the statistical properties of the model, assesses its empirical validity and compares its...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015404888

Economic growth in dual and mature economies : revisiting the Pasinetti and neo-Pasinetti theorems

Skott, Peter - 2022

This paper (i) examines the role of income distribution in the determination of the average saving rate and the growth process in dual and mature economies, and (ii) revisits the Pasinetti and neo-Pasinetti theorems. The profit share may in uence saving because of differences in the saving rates...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013169032

Financialisation, varieties of macroeconomic regimes and stagnation tendencies in a stylised Kaleckian model

Hein, Eckhard - 2022

In this contribution, we review the research on the variety of macroeconomic demand and growth regimes in finance-dominated capitalism, on the regime shifts in the course of and after the 2007-09 crises, the drivers of these shifts and on the emerging stagnation tendencies. Results of this...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013448636

The employment distribution and the creation of financial dependence

Jackson, William A. - 1992

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10001120625

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The Employment Distribution and the Creation of Financial Dependence

Jackson, William A. - 2022

Book / Working Paper

(In-)equality of opportunity, fairness, and distributional preferences

Fehr, Dietmar; Müller, Daniel; Preuß, Marcel - 2022

This paper examines how perceived importance of family background affect distributional pref-erences using two large-scale survey experiments. In the first experiment, we randomly inform respondents about the relationship between parental income and economic success later in life, which renders...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013411680

Resilient Distributed Averaging

Safi, Mostafa; Dibaji, Seyed Mehran - 2022

In this paper, a fully distributed averaging algorithm in the presence of adversarial Byzantine agents is proposed. The algorithm is based on a resilient retrieval procedure, where all non-Byzantine nodes send their own initial values and retrieve those of other agents. We establish that the...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013302078

Exports and income distribution : is there a Kuznets curve?

Yuhn, Ky-hyang; Venturelli, Henry - 2022

This study investigates the effects of exports on income per capita using a panel data set of 150 countries from 1990 to 2012. We have found that exports have differing effects on income distribution depending on different phases of economic development. As exports (measured as the percent of...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014331922

Lognormal (re)distribution : a macrofounded theory of inequality

Eguia, Jon X.; Xefteris, Dimitrios - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015580326

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Lognormal (re)distribution : a macrofounded theory of inequality

Eguia, Jon X.; Xefteris, Dimitrios - 2022

Book / Working Paper

Exploring a new class of inequality measures and associated value judgements : Gini and Fibonacci-type sequences

Creedy, John; Subramanian, Sreenivasan - 2022

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015436949

Pareto and probability distributions

Tusset, Gianfranco - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015056851

Economic freedom and inequality : a survey of the empirical literature

Bennett, Daniel L. - 2024

Inequality has become a central concern in global discourse. This chapter delves into the relationship between economic freedom and inequality, aiming to enhance our understanding of this crucial issue. While capitalism is often accused of exacerbating inequality, the chapter explores the role...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014583655

Adam Smith's theory of value and distribution : economics as a moral science once again

Young, Jeffrey T. - 2024

"Ever since the time of his early interpreters, beginning with David Hume, Adam Smith's theory of value has been the subject of confusion and misunderstanding - including a controversy which still rages over whether Smith held a labour theory of value, and, if so, whether he held to it...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014515362