Ono, Fabio Hideki; Oreiro, José Luís - In: Economia 5 (2004) 1, pp. 35-66
The paper presents a post-keynesian growth model in which (i) the mark-up rate varies in the long-term due to a misalignment between the actual rate and the 'anticipated' profit rate; and (ii) the capital-output ratio is not necessarily constant, on the contrary, it may shift as a result of the...