Ono, Fabio Hideki; Oreiro, José Luis - Associação dos Centros de Pós-Graduação em … - 2004
The paper presents a post-keynesian growth model in which (i) the mark-up rate varies in the long-term due to a misalignment between the actual rate and the 'desired' profit rate; and (ii) the capital-output ratio is not necessarily constant, on the contrary it may shift as a result of the...