Showing 1 - 10 of 42
Persistent link: https://www.econbiz.de/10013470938
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
Persistent link: https://www.econbiz.de/10013470903
Persistent link: https://www.econbiz.de/10012939549
This study investigates the effect of real exchange rate volatility on the distribution of income between labour and capital in South Africa. Both symmetric and asymmetric effects are considered. Using quarterly data for 1985:1-2018:3 and local linear projection, we find that the immediate...
Persistent link: https://www.econbiz.de/10011997494
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
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
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
role to play, if at all, but the interaction between distribution and growth is at the centre of Marxian and post …-Keynesian/Kaleckian approaches when it comes to explaining medium- to long-run trends of economic growth - and stagnation. In this contribution we … will thus provide Marxian and Kaleckian assessments of the distribution and growth regimes under finance …
Persistent link: https://www.econbiz.de/10011790517
Into an analytical stock-flow consistent Post-Kaleckian distribution and growth model the following transmission …
Persistent link: https://www.econbiz.de/10003836933