important implications for the distribution of income, the presence of optimizing behavior, and the existence of market power. …

This article studies the use of different distribution channels as an instrument of price discrimination in credence …

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 …

financialisation-distribution nexus is examined for the three countries. Third, macroeconomic demand and growth regimes are analysed …

This paper estimates rates of return across the gross wealth distribution in eight European countries. Like … distribution and add an explosive element to growth models. We show that differential rates of return matter empirically by merging …-shaped function across the distribution, where inequality in the lower half of the distribution is higher than in the upper half. If …

The paper investigates how including the distribution of wealth changes the demand effects of redistributing functional … income. It develops a model with an endogenous wealth distribution and shows that the endogenous rise in wealth inequality …