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, Frankreich, Deutschland, den Niederlanden, Großbritannien und den USA für den Zeitraum von 1960 bis 2005 untersucht. In Anlehnung …, dass das Wachstum in Frankreich, Deutschland, Großbritannien und den USA lohngetrieben war, wohingegen Österreich und die …We analyse the relationship between functional income distribution and economic growth in Austria, France, Germany, the …
Persistent link: https://www.econbiz.de/10003744536
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Empirical research based on the Bhaduri/Marglin-variant of the Kaleckian model has recently shown that aggregate demand in many medium-sized and large open economies tends to be wage-led in the medium to long run, even in a period of increasing globalisation. In this paper we extend this type of...
Persistent link: https://www.econbiz.de/10003772369
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Monetary analysis requires the introduction of monetary variables into the determination of the equilibrium values of real variables such as production, income, distribution, and accumulation. Contrary to Keynes’s research program of a „monetary theory of production”, neither the older...
Persistent link: https://www.econbiz.de/10003958507
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- with a focus on developments in the US and Germany. We argue that beyond inefficient regulation of the financial sector …
Persistent link: https://www.econbiz.de/10009549800
behavioural equations for the US and Germany in the period 1960-2007, we find significant and robust effects of interest payments … with the expected sign in each of the equations. Our estimation results imply, both for the US and for Germany, that the …
Persistent link: https://www.econbiz.de/10009549819
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