Showing 1 - 10 of 26
We present an investigation into the long-run effects of financialisation on income distribution before the financial … approach towards the examination of the effects of financialisation on income distribution, as suggested by Hein (2014a). First …, we show that Germany saw considerable re-distribution of income starting in early 1980s, which accelerated in the early …
Persistent link: https://www.econbiz.de/10010933428
We present an investigation into the long-run effects of financialisation on income distribution before the financial … approach towards the examination of the effects of financialisation on income distribution, as suggested by Hein (2014a). First …, we show that Germany saw considerable re-distribution of income starting in early 1980s, which accelerated in the early …
Persistent link: https://www.econbiz.de/10010955090
macroeconomic performance: the distribution channel. Empirical data for the following dimensions of redistribution in the period of … finance-dominated capitalism since the early 1980s is provided for 15 advanced capitalist economies: functional distribution …, personal/household distribution, and the share and composition of top incomes. Based on the Kaleckian approach to the …
Persistent link: https://www.econbiz.de/10010602864
examines the effects of an increasing dominance of finance since the early/mid 1990s on income distribution, investment in …
Persistent link: https://www.econbiz.de/10011085013
firm sector in a simple Kaleckian distribution and growth model. In particular we show that rising (falling) capital … debt'. Therefore, the treatment of the rate of interest as an exogenous macroeconomic distribution parameter in Post …-Keynesian distribution and growth models seems to be well founded. …
Persistent link: https://www.econbiz.de/10010955074
be identified: inefficient regulation of financial markets, increasing inequality in the distribution of income, and … rising imbalances at the global (and at the Euro area) level. The focus of the paper is on the changes in distribution … dimensions of re-distribution in the course of 'financialisation' and 'neo-liberalism' are examined: functional distribution …
Persistent link: https://www.econbiz.de/10010955078
the financial sector and the non-financial sectors of the economy associated with 'financialisation' on distribution … financialisation to the macroeconomy: first, the effect on income distribution, second, the effects on investment in capital stock …
Persistent link: https://www.econbiz.de/10010955082
profit in a simple post-Kaleckian distribution and growth model. This model gives rise to different potential accumulation … regimes depending on the values of the parameters in the investment, saving and distribution function. Estimating these core …
Persistent link: https://www.econbiz.de/10010955088
Focussing on the long-run effects of 'financialisation' and increasing shareholder power in a simple Post-Kaleckian endogenous growth model, we examine the effects of increasing shareholder power on the demand regime, on the productivity regime, and on the overall regime of the model. Under...
Persistent link: https://www.econbiz.de/10010955089
. Therefore, two major features of finance-dominated capitalism, the increasing inequality of income distribution and the rising …
Persistent link: https://www.econbiz.de/10010955094