This paper analyzes the relationship between functional income distribution aggregate demand and economic growth in …

link and hence the major brakes against capital accumulation and growth. The paper concludes with alternative progressive …

A longstanding criticism to Keynesian and Kaleckian growth theories is the question: why would firms operating with …. The implications for growth and distribution depend on how the model is closed: (iv) with a distributive closure …, equilibrium growth and profitability are both strictly below their socially-coordinated counterpart; (v) with an exogenous labor …

In a Kaleckian monetary distribution and growth model with conflict inflation we assess the role of a Non …

In a Kaleckian monetary distribution and growth model with conflict inflation we assess the role of a Non Accelerating …

In Kaleckian models of distribution and growth the equilibrium rate of capacity utilisation may persistently diverge …-run endogeneity. Generally, we show that in a Kaleckian monetary distribution and growth model, which takes the major features of a …

The authors analyse the relationship between functional income distribution and economic growth in Austria, France … growth model for an open economy inspired by Bhaduri/Marglin (1990), which allows for profit- or wage-led growth. We find … that growth in France, Germany, the UK, and the USA has been wage-led, whereas Austria and the Netherlands have been profit …

The authors analyse the relationship between functional income distribution and economic growth in France and Germany … from 1960 until 2005. The analysis is based on a demand-driven distribution and growth model for an open economy inspired … by Bhaduri/Marglin (1990), which allows for profit- or wage-led growth. First, the authors apply a single equation …

distribution and growth. The focus is on the effects of changes in distribution between shareholders/rentiers, firms and workers … growth. …