Search Results - subject:"Profit Led"

The Implications of Financial Asset and Housing Markets on Profit- and Wage-led Growth: Some Results in Comparative Statics

Bhaduri, Amit - 2010

This paper presents a number of extensions to the theory of profit- and wage-led growth by integrating selected aspects of asset markets and housing markets. Theoretical results from comparative statics are then presented and discussed, notably with reference to recent housing market bubbles....

Persistent link: https://www.econbiz.de/10012099891

The Implications of Financial Asset and Housing Markets on Profit- and Wage-led Growth: Some Results in Comparative Statics

Bhaduri, Amit - Wiener Institut für Internationale … - 2010

Persistent link: https://www.econbiz.de/10008455841

Estimated Non-linearities & Multiple Equilibria in a Model of Distributive-Demand Cycles

Tavani, Daniele; Flaschel, Peter; Taylor, Lance - Bernard Schwartz Center for Economic Policy Analysis … - 2010

provide a dynamical analysis both in wage-led and profit-led effective demand regimes. In a profit led scenario, shown to be …

Persistent link: https://www.econbiz.de/10011031803

Functional distribution of income, aggregate demand, and economic growth in the Chinese economy, 1978 - 2007

Molero-Simarro, Ricardo - In: International review of applied economics 29 (2015) 4, pp. 435-454

Persistent link: https://www.econbiz.de/10011341747

Which developmentalism? : a Keynesian-Institutionalist proposal

Ferrari Filho, Fernando; Fonseca, Pedro Cezar Dutra - In: Review of Keynesian economics 3 (2015) 1, pp. 90-107

Persistent link: https://www.econbiz.de/10010505843

Which developmentalism? A Keynesianâ€“Institutionalist proposal

Filho, Fernando Ferrari; Fonseca, Pedro Cezar Dutra - In: Review of Keynesian Economics 3 (2015) 1, pp. 90-107

Academic discussion of Brazil's economic growth is currently framed in terms of export-led growth and wage-led growth, identified, respectively, with the new- developmentalism and the social-developmentalism approaches. This article presents a Keynesianâ€“Institutionalist proposal to the...

Persistent link: https://www.econbiz.de/10011159862

Distribution, aggregate demand and productivity growth - theory and empirical results for six OECD countries based on a Post-Kaleckian model

Hein, Eckhard; Tarassow, Artur - 2008

Empirical research based on the Bhaduri/Marglin-variant of the Kaleckian model has recently shown that aggregate demand in many medium-sized and large open economies tends to be wage-led in the medium to long run, even in a period of increasing globalisation. In this paper we extend this type of...

Persistent link: https://www.econbiz.de/10010460467

Rethinking wage vs. profit-led growth theory with implications for policy analysis

Palley, Thomas I. - Institut für Makroökonomie und Konjunkturforschung … - 2014

The distinction between wage-led and profit-led growth is a major feature of Post-Keynesian economics and it has … triggered an extensive econometric literature aimed at identifying whether economies are wage or profit-led. That literature … years, policy has made economies appear more profit-led by lowering workers’ share of the wage bill and tax rates on …

Persistent link: https://www.econbiz.de/10011098357

On the Dynamics of Profit- and Wage-led Growth

Bhaduri, Amit - 2007

This paper examines how variable output and profit share jointly determine investment and saving, while the difference between investment and saving determines the changes in output and profit share. Analysis of the resulting pair of differential equations yields novel implications for the...

Persistent link: https://www.econbiz.de/10012099871

On the Dynamics of Profit- and Wage-led Growth

Bhaduri, Amit - Wiener Institut für Internationale … - 2007

Persistent link: https://www.econbiz.de/10005321914