Showing 1 - 10 of 17,731
This paper compares Cambridge and neo-Kaleckian growth theory. Both are members of the post-Keynesian approach to … growth and distribution, but the Cambridge model is a hybrid of Keynesian and classical features whereas the neo … steady-state growth and distribution. That class structure can be included in the neo-Kaleckian model, generating a variant …
Persistent link: https://www.econbiz.de/10010711803
infer and rationalize that expansionary fiscal policy in the Cambridge growth model reduces capitalists’ long …
Persistent link: https://www.econbiz.de/10011133456
In a Kaleckian distribution and growth model with workers' debt we examine the short- and long-run effects of three …
Persistent link: https://www.econbiz.de/10010955097
In a Kaleckian distribution and growth model with workers’ debt we examine the short- and long-run effects of three …
Persistent link: https://www.econbiz.de/10009325648
In a Kaleckian distribution and growth model with workers' debt we examine the short and long run effects of three …
Persistent link: https://www.econbiz.de/10010742213
In a Kaleckian monetary distribution and growth model with conflict inflation we assess the role of a Non …
Persistent link: https://www.econbiz.de/10011133377
We develop a Kaleckian model of growth with an endogenous employment rate and investigate the features following … the saving rate does not make the growth rate decrease, but the utilization decrease. In addition to that, an increase in … the rate of labor productivity exerts a positive impact on growth. …
Persistent link: https://www.econbiz.de/10011114362
This paper deals with the influence of different types of government expenditure on growth. It widens that proposed by … conditions different types of government expenditure are beneficial or detrimental for economic growth, comparing some results … growth traps. …
Persistent link: https://www.econbiz.de/10005042723
In this paper, we put forward a neo-Kaleckian model of growth and dsitribution. We introduce two different types of … equilibrium capacity utilisation and growth. Two different cases are explored: a) the government size is allowed to vary; b) the … Growth Theory. In fact, when capacity is underutilised, and increase in the provision of public capital may reduce the rate …
Persistent link: https://www.econbiz.de/10009371097
This paper estimates the effects of a change in the wage share on growth at a national and global level in the G20 … countries. A decrease in the wage share leads to lower growth in the euro area, Germany, France, Italy, UK, US, Japan, Turkey …, and Korea, whereas it stimulates growth in Canada, Australia, Argentina, Mexico, China, India, and South Africa. However …
Persistent link: https://www.econbiz.de/10010719997