financialisation, namely a debtled private demand boom, an export-led mercantilist, and a domestic demand-led regime. We then take a …

consumption demand or by rising export surpluses, compensating for low or falling investment in capital stock. However, each type … financialisation to the macroeconomy: first, the effect on income distribution, second, the effects on investment in capital stock … income at the expense of the labour income share and depressed investment in capital stock, each a major feature of …

sectors since the early 1980s, and it classifies the German type of development as 'export-led mercantilist'. The second part … examines the effects of an increasing dominance of finance since the early/mid 1990s on income distribution, investment in …

Germany's recent export successes and the fast recovery from the 2007 -2009 crisis made it Europe's "economic superstar … examination of the pre-crisis demand and growth regime, the focus is on how financialisation has contributed to the German 'export …

regimes depending on the values of the parameters in the investment, saving and distribution function. Estimating these core …

debt-led private demand boom countries, on the one hand, and of current account surplus export-led mercantilist countries … export-led mercantilist. For an economic policy alternative favouring a domestic demand-led regime, we turn towards Kalecki …