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Is there an equilibrium rate of unemployment in the long run?
Stockhammer, Engelbert (contributor) - 2000 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001548657
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Interest rate, debt, distribution and capital accumulation in a post-Kaleckian model
Hein, Eckhard (contributor) - 2004
The introduction of monetary variables into post-Keynesian models of distribution and growth is an ongoing process. Lavoie (1995) has proposed a Kaleckian 'Minsky-Steindl-model' of distribution and growth, incorporating the effects debt and debt services have on short and long run capital...
Persistent link: https://www.econbiz.de/10002538625
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Managerial pay (cadrisme) and the Post Keynesian growth model
Palley, Thomas I. - 2010
-klassischer marxistischer Theorie und postkeynesianischer Wachstumstheorie geschlagen. Neo-klassische Marxisten fokussieren auf die Frage, warum … long run growth outcomes. Third, managerial pay links neo-classical Marxist theory with Post Keynesian growth theory. Neo … theory and firms may choose techniques that lower growth because they increase profits. …
Persistent link: https://www.econbiz.de/10009306637
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A (post-)Keynesian perspective on "financialisation"
Hein, Eckhard - 2009
Post-Keynesian demand driven distribution and growth models, based on the notion of distribution conflict between different groups, have been critical regarding the macroeconomic effects of 'financialisation'. In the present paper, firstly, we attempt to identify theoretically and empirically...
Persistent link: https://www.econbiz.de/10003879323
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Are intellectual property rights unfair?
Saint-Paul, Gilles - 2003
Persistent link: https://www.econbiz.de/10013424253
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Inequality, aging, and the middle-income trap
Wang, Chen; Lan, Jiajun - 2017
Based on required growth rate and actual growth rate, this paper proposes a method to construct measures to indicate the probability of a country escaping the middle income trap (MIT). A second contribution of this paper is to model this probability using 1960–2015 cross-country data, focusing...
Persistent link: https://www.econbiz.de/10011757920
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The Bhaduri/Marglin post- Kaleckian model in the history of distribution and growth theories : an assessment by means of model closures
Hein, Eckhard - 2016
different theories as different variants of model closure. In a simple closed private one-good economy model, each theory is …
Persistent link: https://www.econbiz.de/10011449878
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Autonomous government expenditure growth, deficits, debt and distribution in a neo-Kaleckian growth model
Hein, Eckhard - 2016
This paper is linked to some recent attempts at including a non-capacity creating autonomous expenditure category as the driver and determinant of growth into Kaleckian distribution and growth models. Whereas previous contributions have focussed on taming Harrodian instability, generated by the...
Persistent link: https://www.econbiz.de/10011459378
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Inequality and growth in neo-Kaleckian and Cambridge growth theory
Palley, Thomas I. - 2016 - Revised April 19, 2016
theory. … in den Konsumneigungen der Haushalte erklären kann, die die Grundlage der Neo-Kaleckianischen und Cambridge-Wachstumstheorie …
Persistent link: https://www.econbiz.de/10011477419
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Harrodian instability in Kaleckian models and Steindlian solutions
Hein, Eckhard - 2019
The notion of dynamic instability of demand driven growth put forward by Harrod (1939) has triggered several responses in the history of economic thought. The modern Kaleckian solution, including Bhaduri/Marglin (1990) among several others, considers the rate of capacity utilisation to be...
Persistent link: https://www.econbiz.de/10012035271