, production, banking and government sectors. This paper focuses on changes in parameters that are tied with financialization. The … effects on the following changes are examined: the target proportion of retained earnings to investment, the proportion of …

financialization under labor-constrained and dual-economy conditions. The paper complements the analysis in Skott and Ryoo (2008) which … commonly associated with financialization tend to be expansionary in both dual-economy and labor-constrained settings. …