among the variables. -- Growth ; business cycles ; aggregate demand ; instability ; income distribution ; utilization rate … ; investment function ; pricing …

This paper studies two formal models of long run growth with a medium-run distributive cycle, both of which feature … consistent with the observed decline of the labor share, the income-capital ratio, and labor productivity growth during the … neoliberal era. Importantly, both theories: (a) provide space for mutually reinforcing pro-labor and pro-growth policies in the …

This paper studies two formal models of long run growth with a medium-run distributive cycle, both of which feature … consistent with the observed decline of the labor share, the income-capital ratio, and labor productivity growth during the … neoliberal era. Importantly, both theories: (a) provide space for mutually reinforcing pro-labor and pro-growth policies in the …

Into an analytical stock-flow consistent Post-Kaleckian distribution and growth model the following transmission …

, growth, instability and crises. We take a macroeconomic perspective and examine four channels of transmission of …

This paper presents a three class growth model with labor market conflict. The classes are workers, a middle management … with both capitalists and workers. Changes that benefit the middle class do not necessarily increase growth or employment …

Growth in low-income developing economies with large sectors charac- terized by underemployment is unlikely to be wage … boost long-run growth. Some of the fast growing Asian economies may have been examples of wage-led growth in this rather … faster wage and output growth across the economy. …

The distinction between wage-led and profit-led growth is a major feature of Post-Keynesian economics and it has … shareholder income. Increasing workers' wage bill share increases growth and capacity utilization regardless of whether the …Die Unterscheidung von Lohn- und Profit-getriebenem Wachstum (profit-led bzw. wage-led growth) ist ein wesentlicher …

This paper (i) examines the role of income distribution in the determination of the average saving rate and the growth … between warranted and natural growth rates in mature economies can happen through feedback effects from employment to the …

Evidence regarding the relationship between distribution, demand, and growth in the short run has been mixed. Open … economy models that create the possibility of "beggar-thy-neighbor" growth offer one theoretical explanation for why this may … be expected. Several authors have argued recently, however, that even if demand and growth are profit-led in many …