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Varieties of capitalism, increasing income inequality and the sustainability of long-run growth

Setterfield, Mark; Kim, Yun K. - In: Cambridge journal of economics 44 (2020) 3, pp. 559-582

Persistent link: https://www.econbiz.de/10012224136

Debt servicing, aggregate consumption, and growth

Setterfield, Mark; Kim, Yun K. - In: Structural change and economic dynamics : SC+ED 36 (2016), pp. 22-33

Persistent link: https://www.econbiz.de/10011580650

Household borrowing and the possibility of "consumption-driven, profit-led growth"

Setterfield, Mark; Kim, Yun K. - In: Review of Keynesian economics 5 (2017) 1, pp. 43-60

Persistent link: https://www.econbiz.de/10011732554

Inequality, Debt Servicing, and the Sustainability of Steady State Growth

Setterfield, Mark - 2014

We investigate the claim that the way in which debtor households service their debts matters for macroeconomic performance. A standard Kaleckian growth model is modiifed to incorporate working households who borrow to finance consumption that is determined, in part, by the desire to emulate the...

Persistent link: https://www.econbiz.de/10013045092