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The introduction of monetary variables into post-Keynesian models of distribution and growth is an ongoing process …. Lavoie (1995) has proposed a Kaleckian ?Minsky-Steindl-model? of distribution and growth, incorporating the effects debt and … on distribution between wages and gross profits explicitly been incorporated in the model. In the present paper we …
Persistent link: https://www.econbiz.de/10010296106
distribution conflict between different social groups (or classes): rentiers, managers and workers. Finally, we will move to the … towards distribution and growth. …
Persistent link: https://www.econbiz.de/10011381299
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 …
Persistent link: https://www.econbiz.de/10010332606
progress of post- Keynesian macroeconomics since the mid-1990s: first, the integration of distribution issues and …
Persistent link: https://www.econbiz.de/10011565324
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 …
Persistent link: https://www.econbiz.de/10011625909
financialisation-distribution nexus is examined for the three countries. Third, macroeconomic demand and growth regimes are analysed …
Persistent link: https://www.econbiz.de/10011847074
progress of post-Keynesian macroeconomics since the mid-1990s: first, the integration of distribution issues and distributional …
Persistent link: https://www.econbiz.de/10011891329
In this paper we discuss the relationship between the current account rebalancing in the Eu-rozone, income distribution …-Kaleckian models. We will focus in particular on the relationship between nominal wages and functional income distribu-tion, on the one … hand, and between functional income distribution and domestic demand, on the other hand. We show that more expansionary …
Persistent link: https://www.econbiz.de/10011891334
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 …
Persistent link: https://www.econbiz.de/10011935904
-run macroeconomics and provide a simple short-run model, which is built on the principle of effective demand, as well as on distribution …/post-Keynesian approaches towards distribution and growth, the Kaldor-Robinson, the Kalecki-Steindl and the Sraffian Supermultiplier model. …
Persistent link: https://www.econbiz.de/10014584244