Showing 1 - 10 of 44
In recent years, diverging demand and growth regimes have received greater scholarly attention. In particular, the … promising avenue for understanding the main dynamics of various growth regimes. Yet, the majority of these studies has focused …-2008 and 2009-2019. In so doing, we not only uncover the main demand and growth regimes of ECEs for the two periods, but also …
Persistent link: https://www.econbiz.de/10012489423
In Kaleckian models of distribution and growth the equilibrium rate of capacity utilisation may persistently diverge …-run endogeneity. Generally, we show that in a Kaleckian monetary distribution and growth model, which takes the major features of a …
Persistent link: https://www.econbiz.de/10003744529
In the present paper we question the mainstream diagnosis of Germany's post-2000 stagnation as well as the prescribed remedies. We show that the "institutional sclerosis" view of Germany's stagnation is unfounded and that therefore the political measures proposed and actually taken are...
Persistent link: https://www.econbiz.de/10003744530
In dem Aufsatz wird der Zusammenhang zwischen funktionaler Einkommensverteilung und Wirtschaftswachstum in Österreich …We analyse the relationship between functional income distribution and economic growth in Austria, France, Germany, the … Netherlands, the UK and the USA from 1960 until 2005. The analysis is based on a demand-driven distribution and growth model for …
Persistent link: https://www.econbiz.de/10003744536
We analyse the relationship between functional income distribution and economic growth in France and Germany from 1960 … until 2005. The analysis is based on a demand-driven distribution and growth model for an open economy inspired by Bhaduri …/Marglin (1990), which allows for profit- or wage-led growth. First, we apply a single equation approach, estimating the effects of …
Persistent link: https://www.econbiz.de/10003744537
Into an analytical stock-flow consistent Post-Kaleckian distribution and growth model the following transmission …
Persistent link: https://www.econbiz.de/10003836933
The increasing dominance of finance starting in the late 1970s/early 1980s in the US and the UK, and somewhat later in other countries, was associated with two fundamental and structural processes generating the contradictions of this phase of development and finally the financial and economic...
Persistent link: https://www.econbiz.de/10011431645
, growth, instability and crises. We take a macroeconomic perspective and examine four channels of transmission of …
Persistent link: https://www.econbiz.de/10010242861
neo-Kaleckian distribution and growth model with wage inequality, which allows for different medium-run demand regimes in …This contribution provides a review of recent considerations of wage inequality in Kaleckian models of distribution and … growth. On the one hand, we address modelling approaches in which a distinction is made between managers and workers, where …
Persistent link: https://www.econbiz.de/10011929194
We introduce a gender wage gap into basic one-good textbook versions of the neo-Kaleckian distribution and growth model … and productivity growth. For the closed economy model, reducing the gender wage gap has no effect on the profit share, and … growth we find an unambiguously expansionary effect of narrowing the gender wage gap on long-run equilibrium capital …
Persistent link: https://www.econbiz.de/10012213998