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An integrated approach to climate change, income distribution, employment, and economic growth

Taylor, Lance; Rezai, Armon; Foley, Duncan K. - 2015 - revised March 2015

Persistent link: https://www.econbiz.de/10011586265

The pre-1914 UK productivity slowdown : a reappraisal

Crafts, Nicholas; Mills, Terence C. - 2019

Persistent link: https://www.econbiz.de/10012163886

The pre-1914 UK productivity slowdown : a reappraisal

Crafts, Nicholas; Mills, Terence C. - 2019

Persistent link: https://www.econbiz.de/10012170675

Education, labor force composition, and growth a general equilibrium analysis

Roson, Roberto - 2022

Persistent link: https://www.econbiz.de/10013401864

The middle class in macroeconomics and growth theory : a three class neo-Kaleckian-Goodwin model

Palley, Thomas I. - 2013

-Management). Das Modell ergänzt die herkömmlichen Überlegungen zur funktionalen Einkommensverteilung um die personale … Einkommensverteilung. Im Rahmen eines solchen Modells kann gezeigt werden, dass Veränderungen in der personalen Einkommensverteilung dazu … Kapitalisten hat. Veränderungen zugunsten der Mittelklasse führen nicht notwendigerweise zu höherem Wirtschaftswachstum und …

Persistent link: https://www.econbiz.de/10010240799

Growth and distribution in low income economies : modifying post Keynesian analysis in light of theory and history

Razmi, Arslan - 2015

Growth in low-income developing economies with large sectors charac- terized by underemployment is unlikely to be wage-led in the traditional neo-Kaleckian sense of the term. Output and employment in the sectors of the economy producing non-tradable output could be demand-led, how- ever, and...

Persistent link: https://www.econbiz.de/10011522170

Rethinking wage vs. profit-led growth theory with implications for policy analysis

Palley, Thomas I. - 2014

The distinction between wage-led and profit-led growth is a major feature of Post-Keynesian economics and it has triggered an extensive econometric literature aimed at identifying whether economies are wage or profit-led. That literature treats the economy's character as exogenously given. This...

Persistent link: https://www.econbiz.de/10010458230

Economic growth in dual and mature economies : revisiting the Pasinetti and neo-Pasinetti theorems

Skott, Peter - 2022

This paper (i) examines the role of income distribution in the determination of the average saving rate and the growth process in dual and mature economies, and (ii) revisits the Pasinetti and neo-Pasinetti theorems. The profit share may in uence saving because of differences in the saving rates...

Persistent link: https://www.econbiz.de/10013169032

Is planet earth as a whole likely to be wage-led?

Razmi, Arslan - 2017

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,...

Persistent link: https://www.econbiz.de/10011638343

Economic growth, income distribution, and climate change

Rezai, Armon; Taylor, Lance; Foley, Duncan K. - 2017

We present a model based on Keynesian aggregate demand and labor productivity growth to study how climate damage affects the long-run evolution of the economy. Climate change induced by greenhouse gas lowers profitability, reducing investment and cutting output in the short and long runs....

Persistent link: https://www.econbiz.de/10011926450