on the dynamics of profitability to describe its reproductive patterns. In light of this analysis, I argue that the main … accumulation regimes, the neoliberal period relies on reproductive patterns of profitability that makes it highly stable. …

I study the effect of technical change on the equilibrium profit rate in Classical-Marxian models of economic growth … profit rate given their expectations about the movement of the real wage rate. The accumulation rate depends on a threshold … rate of profit, below which capitalists do not invest. I consider three alternative closures: (a) a constant real wage rate …

and Schumpeter's theory of creative destruction. His law of the tendency of the rate of profit to fall parallels Alvin …Marx made significant contributions to macroeconomics, laying the grounds for both Keynes's theory of aggregate demand … Hansen's theory of secular stagnation which has recently received much attention among scholars studying the financial crises …

This paper studies, within a growth model, some effects of the inequality between the profit and growth rates on the …

This article studies the ratio of the rates of profit and growth, in a growing economy, as a function of the average … productivity of capital. It is shown that, if the savings rate and also the distribution of income between wage and profit are … general rule, in a modern economy the rate of profit is higher than the growth rate …