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The authors analyse the relationship between functional income distribution and economic growth in Austria, France, Germany, the Netherlands, the UK and the USA from 1960 until 2005. The analysis is based on a demand-driven distribution and growth model for an open economy inspired by...
Persistent link: https://www.econbiz.de/10010460445
The authors analyse the relationship between functional income distribution and economic growth in France and Germany from 1960 until 2005. The analysis is based on a demand-driven distribution and growth model for an open economy inspired by Bhaduri/Marglin (1990), which allows for profit- or...
Persistent link: https://www.econbiz.de/10010460446
accounting can clarify the nature of economic phenomena and be an important building block for economic theory. The paper will … lending, financial saving and physical investment it will be shown that this is a nonsense statement. The theory behind it … - the loanable funds theory - will be analysed and critiqued. It will be shown that the loanable funds theory confuses the …
Persistent link: https://www.econbiz.de/10010460525
Using the financial balances accounting identity, we analyze whether there is evidence in recent national accounting data and the projections of the Stability Programmes (SP), that the focus on fiscal deficits to the exclusion of other economic variables risks further deterioration of the euro...
Persistent link: https://www.econbiz.de/10010460526
The paper presents a critique of loanable funds theory by using simple accounting relationships. It is shown that many … supply of credit and thus more funds to be invested by firms for investment. The paper shows that proponents of this theory … commit accounting fallacies or need very strong and somewhat peculiar assumptions for their theory to hold. In the first step …
Persistent link: https://www.econbiz.de/10010460544
The paper presents a critique of loanable funds theory by using simple accounting relationships. It is shown that many … supply of credit and thus more funds to be invested by firms for investment. The paper shows that proponents of this theory … commit accounting fallacies or need very strong and somewhat peculiar assumptions for their theory to hold. In the first step …
Persistent link: https://www.econbiz.de/10010858924
accounting can clarify the nature of economic phenomena and be an important building block for economic theory. The paper will … lending, financial saving and physical investment it will be shown that this is a nonsense statement. The theory behind it … - the loanable funds theory - will be analysed and critiqued. It will be shown that the loanable funds theory confuses the …
Persistent link: https://www.econbiz.de/10010858931
The authors analyse the relationship between functional income distribution and economic growth in Austria, France, Germany, the Netherlands, the UK and the USA from 1960 until 2005. The analysis is based on a demand-driven distribution and growth model for an open economy inspired by...
Persistent link: https://www.econbiz.de/10005764561
The authors analyse the relationship between functional income distribution and economic growth in France and Germany from 1960 until 2005. The analysis is based on a demand-driven distribution and growth model for an open economy inspired by Bhaduri/Marglin (1990), which allows for profit- or...
Persistent link: https://www.econbiz.de/10005764567
Using the financial balances accounting identity, we analyze whether there is evidence in recent national accounting data and the projections of the Stability Programmes (SP), that the focus on fiscal deficits to the exclusion of other economic variables risks further deterioration of the euro...
Persistent link: https://www.econbiz.de/10010625647