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The interaction between income distribution, accumulation, employment, and the utilization of capital is central to macroeconomic models in the "heterodox" tradition. This article examines the stylized pattern of these variables using U.S. data for the period after 1948. We look at the trends...
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aim of this paper is to lay down a growth model, grounded in the Post Keynesian stock-flow-consistent approach of Godley … steady growth path. …
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