Hein, Eckhard; Treeck, Till van - Institut für Makroökonomie und Konjunkturforschung … - 2007
The macroeconomic effects of ‘financialisation’ are assessed applying two different variants of a Kaleckian model of distribution and growth. The focus is on the effects of changes in distribution between shareholders/rentiers, firms and workers, as well as on the effects of increasing...