. Therefore, two major features of finance-dominated capitalism, the increasing inequality of income distribution and the rising …

Starting from a review of the main strands of orthodox and heterodox distribution and growth models and their … variant of heterodox distribution and growth theories, we develop a simple modelling framework in which we can treat these … model, new neoclassical growth theories, classical/Marxian distribution and growth approaches, and post-Keynesian Kaldor …

In this paper we analyse the effects of financialisation on income distribution, before and after the Great Financial … Crisis and the Great Recession. The focus is on functional income distribution and thus on the relationship between … financialisation and the wage share or the gross profit share. The analysis is based on a Kaleckian theory of income distribution …

financialisation-distribution nexus is examined for the three countries. Third, macroeconomic demand and growth regimes are analysed …

This contribution provides a review of recent considerations of wage inequality in Kaleckian models of distribution and … the salaries of the former are treated as overhead costs in a target-return pricing framework. Distribution between … neo-Kaleckian distribution and growth model with wage inequality, which allows for different medium-run demand regimes in …

The re-distribution of income from labour to capital, from workers to top-managers, and from low income households to … discussion about stagnation tendencies in capitalist economies. In orthodox approaches income distribution only has a restricted … role to play, if at all, but the interaction between distribution and growth is at the centre of Marxian and post …

Into an analytical stock-flow consistent Post-Kaleckian distribution and growth model the following transmission … channels of 'financialisaton' are integrated. 1. 'Financialisation' is assumed to affect distribution between firms and … rentiers in the short run, and distribution between capital and labour through a dividend-elastic mark-up in firms' price …

the financial sector and the non-financial sectors of the economy associated with 'financialisation' on distribution … financialisation to the macroeconomy: first, the effect on income distribution, second, the effects on investment in capital stock …