Similar Search Results

Wage shares and demand regimes in Central America : an empirical analysis for Costa Rica, El Salvador, Honduras, Nicaragua, and Panama, 1970-2016

Jiménez, Valeria - 2020

This paper analyzes the relationship between functional income distribution aggregate demand and economic growth in five Central American countries; Costa Rica, El Salvador, Honduras, Nicaragua, and Panama for the period 1970-2016. It estimates the effects of a change in the wage share on...

Persistent link: https://www.econbiz.de/10012387910

The effect of financialization on labor's share of income

Dünhaupt, Petra - 2013

Numerous studies have analyzed the decline in labor's share of income, but only few have linked it to the increase in financialization. The process of financialization can roughly be described as an increasing importance of the financial sector which had an impact on the distribution between...

Persistent link: https://www.econbiz.de/10009684619

Interest rates, distribution and capital accumulation : a post-Kaleckian perspective on the US and Germany

Hein, Eckhard; Schoder, Christian - 2009

We analyse the effects of interest rate variations on the rates of capacity utilisation, capital accumulation and … effects of changes in the real long-term rate of interest on the equilibrium rates of capacity utilisation, capital … capacity utilisation, capital accumulation and profits, as well as redistribution at the expense of labour income and hence an …

Persistent link: https://www.econbiz.de/10009549819

'Financialisation', distribution, capital accumulation and productivity growth in a post-Kaleckian model

Hein, Eckhard - 2009

capital accumulation and productivity growth and hence on potential growth of the economy. However, such a regime does not … of increasing shareholder power on capital accumulation via the demand regime of the economy. Both conditions have … ; distribution ; capital accumulation ; productivity growth ; Kaleckian model …

Persistent link: https://www.econbiz.de/10009549822

Finance-dominated capitalism, re-distribution, household debt and financial fragility in a Kaleckian distribution and growth model

Hein, Eckhard - 2011

in capital stock, re-distribution of income at the expense of the wage share, and increasing lending of rentiers to … workers for consumption purposes. In particular, we specify the conditions for long-run stability of the workers' debt-capital …

Persistent link: https://www.econbiz.de/10009550322

Distribution, 'financialisation' and the financial and economic crisis : implications for post-crisis economic policies

Hein, Eckhard - 2011

The severity of the financial and economic crisis which started in 2007 cannot be understood without examining the medium- to long-run developments in the world economy since the early 1980s. The following long-run causes for the crisis can be identified: inefficient regulation of financial...

Persistent link: https://www.econbiz.de/10009550324

Causes and consequences of the financial crisis and the implications for a more resilient financial and economic system

Hein, Eckhard - 2016

-regulation and downsizing of the financial sector, the re-distribution of income (and wealth) from top to bottom and from capital to …

Persistent link: https://www.econbiz.de/10011431645

The principle of effective demand : Marx, Kalecki, Keynes and beyond

Hein, Eckhard - 2015

The principle of effective demand, and the claim of its validity for a monetary production economy in the short and in the long run, is the core of heterodox macroeconomics, as currently found in all the different strands of post-Keynesian economics (Fundamentalists, Kaleckians, Sraffians,...

Persistent link: https://www.econbiz.de/10011380154

Financialisation and financial crisis in Iceland

Guðmundsson, Björn Rúnar - 2015

particularly supportive of financial expansion at a time when cross-border capital movements were rapidly on the rise. Consequently …

Persistent link: https://www.econbiz.de/10011311191

The Bhaduri/Marglin post- Kaleckian model in the history of distribution and growth theories : an assessment by means of model closures

Hein, Eckhard - 2016

Starting from a review of the main strands of orthodox and heterodox distribution and growth models and their distinguishing features, with the post-Kaleckian Bhaduri/Marglin (1990) (and Kurz 1990) model as a specific, but highly flexible variant of heterodox distribution and growth theories, we...

Persistent link: https://www.econbiz.de/10011449878