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A growing literature suggests that ‘financialisation’ may weaken the performance of non-financial corporations and … qualitative effects of ‘financialisation’ are insensitive to the precise specification of household saving behaviour but depend …
Persistent link: https://www.econbiz.de/10014213154
The interaction between income distribution, accumulation, employment and the utilization of capital is central to … among the variables. -- Growth ; business cycles ; aggregate demand ; instability ; income distribution ; utilization rate …
Persistent link: https://www.econbiz.de/10003989579
This paper (i) examines the role of income distribution in the determination of the average saving rate and the growth … distribution of income. …
Persistent link: https://www.econbiz.de/10013467127
This paper (i) examines the role of income distribution in the determination of the average saving rate and the growth … distribution of income. …
Persistent link: https://www.econbiz.de/10013169032
) income distribution (where key developments have received little attention) and (iii) the relation between income inequality …
Persistent link: https://www.econbiz.de/10010287823
) income distribution (where key developments have received little attention) and (iii) the relation between income inequality …
Persistent link: https://www.econbiz.de/10009357209
Most Kaleckian models assume a perfectly elastic labor supply, an assumption that is questionable for many developed economies. This paper presents simple labor-constrained Kaleckian models and uses these models to compare the implications of financialization under labor-constrained and...
Persistent link: https://www.econbiz.de/10010701885
Most Kaleckian models assume a perfectly elastic labor supply, an assumption that is questionable for many developed economies. This paper presents simple labor-constrained Kaleckian models and uses these models to compare the implications of financialization under labor-constrained and...
Persistent link: https://www.econbiz.de/10010287880
Most Kaleckian models assume a perfectly elastic labor supply, an assumption that is questionable for many developed economies. This paper presents simple labor-constrained Kaleckian models and uses these models to compare the implications of financialization under labor-constrained and...
Persistent link: https://www.econbiz.de/10014363047
, second, we examine the implications for employment and the distribution of income. Both classical and Keynesian versions of …
Persistent link: https://www.econbiz.de/10011788916