Stockhammer, Engelbert; Onaran, Ozlem - In: Review of Keynesian Economics 1 (2013) 1, pp. 61-78
The paper provides an overview of the concept of wage-led growth, both as an analytical concept and as an economic … policy strategy. At the core of our analysis is the distinction between wage-led and profit-led demand regimes. The Kaleckian … concepts surrounding a wage-led vs a profit-led demand regime. It distinguishes carefully between partial and total effects and …