interest rate on distribution and investment within different regimes of accumulation, the „golden age“- and the „post …

regimes depending on the values of the parameters in the investment, saving and distribution function. Estimating these core …

with an investment function very close to Kalecki's original writings. The effects of interest rate variations on the short … endogenously determined equilibrium values of the model do not only depend on the parameter values in the saving and investment … growth with respect to the specification of the investment function. …

, as well as on the effects of increasing "shareholder value orientation" of management's investment decisions. An isolated … increase in the "shareholder value orientation" of management's investment decisions has a uniquely negative effect on capacity … investment and the saving function of the models. "Profits without investment", the "intermediate" case in both models, is a …

demand, i.e. investment, consumption and net exports. Since increasing shareholder power and shareholder value orientation of … important result is the emergence of 'profits without investment' demand and growth regimes, for which we point out the … variants of 'profits without investment' demand and growth regimes in finance-dominated capitalism. We review the different …

effective demand model by Bhaduri & Marglin in which investment is determined by costs and capacity utilisation and in which …

implications for the relationship between investment, finance and saving are drawn. …