Flaschel, Peter; Greiner, Alfred - In: Structural Change and Economic Dynamics 20 (2009) 4, pp. 279-287
We start from the hypothesis that Goodwin's (1967) distributive cycle does not represent a process of social reproduction that can be considered as adequate and sustainable in the long-run, due to the degradation of a part of the workforce it implies during periods of mass unemployment. Against...
