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The theory of unequal development is set to inquire why some countries and/or regions grow more than others. In the attempt to solve this problem, scholars have not explicitly considered money as an important factor in such a scenario. However, in accordance with a post-Keynesian approach, money...
Persistent link: https://www.econbiz.de/10004968742
Herbert Simon disseminated his bounded rationality approach in his vast academic production. The recognition of the complex environment and the cognitive limits led him to study about the use of heuristics in the decision-making. Around this idea, a new path to the study of human decisions has...
Persistent link: https://www.econbiz.de/10009279924
A new Development Economics is being built, combining the return to the heritage of the “old” Structuralism with contributions brought by the renewal of the Institutionalism. This paper begins with a balance of the first development economists’ contributions and insufficiencies and of the...
Persistent link: https://www.econbiz.de/10005761293
Neo-Schumpeterian economics has elaborated a theory of the role of science and technology in capitalist dynamics. We argue that this approach may be improved if it takes Marx's theory of capital into account. This (collective) effort should also consider contributions from some classic authors...
Persistent link: https://www.econbiz.de/10004968729
Capital flows are expected to be important in the process of economic growth for several reasons. One of them is their importance in relaxing the balance of payments constraints as envisaged by Thirlwall’s law, which states that when economic growth takes place, the level of imports also...
Persistent link: https://www.econbiz.de/10005086371
O artigo tem dois objetivos: por um lado, elabora-se, à luz da Hipótese de Fragilidade Financeira de Hyman Minsky, um Índice de Fragilidade Financeira para a estrutura financeira do setor público; por outro, analisa-se, a partir do referencial elaborado, a referida estrutura financeira para...
Persistent link: https://www.econbiz.de/10009351101
Neste artigo, apresentamos um modelo macroeconômico kaleckiano no qual o mercado de trabalho é analisado por meio do conceito de equilíbrio estatístico. No modelo o gasto autônomo parametriza as distribuições estatísticas de trabalhadores e firmas e o markup apresenta um comportamento...
Persistent link: https://www.econbiz.de/10009351105
Using Thirwall´s model, we can conclude that the restriction of the balance of payments was crucial in the determination of the Brazilian economic growth in the period 1947-2000. The estimated income elasticity of the demand for imported products, based on the extended Thirwall´s model, was...
Persistent link: https://www.econbiz.de/10004968764
O presente artigo tem por objetivo analisar os efeitos da condução da política monetária com base no regime de metas de inflação no contexto de um modelo macro-dinâmico pós-keynesiano. Para tanto, foi desenvolvido um modelo Pós-Keynesiano de acumulação de capital e distribuição de...
Persistent link: https://www.econbiz.de/10008504410
Capital acumulation, capacity utilization and inflation: an analisys based in a non-linear post-keynesian macrodynamic model - The aim of this article is to analyze the effects of inflation on capital accumulation and on the degree of capacity utilization within the ambit of post Keynesian...
Persistent link: https://www.econbiz.de/10008467345