prospect of recovery. The world remains mired in a deep, prolonged crisis, and the key question seems to be how to get out of … accumulation, so the question for them is the very possibility of sustained growth. The third and final part takes the view of …

profit rate given their expectations about the movement of the real wage rate. The accumulation rate depends on a threshold …I study the effect of technical change on the equilibrium profit rate in Classical-Marxian models of economic growth … rate of profit, below which capitalists do not invest. I consider three alternative closures: (a) a constant real wage rate …

and Schumpeter's theory of creative destruction. His law of the tendency of the rate of profit to fall parallels Alvin … exhaustion of investment possibilities, but from an overly loose central bank monetary policy that keeps zombie banks and their …

accumulation regimes and identify three stages: early expansion, late expansion, and crisis. Using decomposition analysis, I … accumulation regimes, the neoliberal period relies on reproductive patterns of profitability that makes it highly stable. …The interest of this paper is to discuss the main features that characterize the accumulation regimes that have taken …

the four HXZ factors, namely size, profitability, and investment, cannot be explained by the five FF factors; (4) the best … as follows: (1) neither the FF investment factor nor the HXZ investment factor earns a significant return in the Chinese … profitability factor; (5) the maximum Sharpe ratio is achieved by investing about 5% in the market factor, 20% in the value factor …

This paper examines the dynamic relationship among cash flow, R&D investment and profitability. Previous empirical … individual fixed effects. We find that the positive impact of R&D investment on profitability over the long term, which indicates … confirms the importance of R&D investment and financing constraint in improving firm profitability …