Arnim, Rudiger; Tavani, Daniele; Carvalho, Laura - In: Metroeconomica 65 (2014) 3, pp. 430-459
We investigate the interaction between demand-driven growth and income distribution in open economies, by combining expenditure-switching and demand spillover effects in a neo-Kaleckian two country model. First, we specify elasticities of wage share and real exchange rate to the money wage...