utilization. First, it explains why utilization is a crucial variable for the various theories of growth and distribution …-run rate of utilization of capital. Finally, it argues that when it comes to the normal rate of utilization, it is the expected …

the Federal Reserve measure of capacity utilization and shows that it is closer to a cyclical indicator than a measure of … long run variations of normal utilization. Other measures, such as the average workweek of capital or the national … emergency utilization rate are more appropriate for examining long-run changes in utilization. Second, and related to that, it …

-2019, the NEUR decreased by 14.2 percent. The paper examines the trajectory of potential determinants of capacity utilization …The paper provides an empirical discussion of the national emergency utilization rate (NEUR), which is based on a … have moved in a direction that would lead to an increase in utilization. The main factor that can explain the decrease in …

This paper examines the utilization controversy around the Kaleckian model of growth and distribution. We show that the … Federal Reserve data on capacity utilization, which have been used by both sides of this debate, are the wrong kind of data … rationale, and provide an alternative path toward the endogeneity of the desired utilization at the micro and macro levels …

This paper examines the endogeneity (or lack thereof) of the rate of capacity utilization in the long run at the firm … level. We provide economic justification for the adjustment of the desired rate of utilization toward the actual rate on … behalf of a cost-minimizing firm after examining the factors that determine the utilization of resources. The cost …

of the rate of utilization. Fourth, the SSM model is a peculiar way to reach what Garegnani called the "Second Keynesian …

whether important determinants of user innovator behavior (use experience, product knowledge, technical expertise, and the …

between initial wealth and entrepreneurship. However, in a recent paper Hurst and Lusardi (2004) use higher order of … polynomials in wealth and find that there is no relationship between household initial wealth and the probability of starting an … own business throughout most of the wealth distribution in the United States. In this paper we examine this relationship …