This paper analyses the long-run effects of financialisation and of the recent financial and economic crises for 15 … financialisation, namely a debtled private demand boom, an export-led mercantilist, and a domestic demand-led regime. We then take a …

the financial sector and the non-financial sectors of the economy associated with 'financialisation' on distribution … financialisation to the macroeconomy: first, the effect on income distribution, second, the effects on investment in capital stock … financialisation, short- to medium-run dynamic 'profits without investment' regimes may emerge, which can be driven by flourishing …

channels of 'financialisaton' are integrated. 1. 'Financialisation' is assumed to affect distribution between firms and … the labour income share in the medium run. In the model the total effect of 'financialisation' is derived, the development …

We review recent attempts to integrate 'financialisation' processes into Post-Keynesian distribution and growth models … of the firm we bridge the gap between micro- and macro-analysis of 'financialisation' and we trace the main … characteristics and effects of 'financialisation' from the micro to the macro level taking into account stock-flow interactions. Our …

The macroeconomic effects of "financialisation" are assessed applying two different variants of a Kaleckian model of … growth.A revised version of this paper was published as: Hein, E., van Treeck, T. (2010): Financialisation and rising …

We review post-Keynesian assessments of the macroeconomic demand and growth impacts of financialisation. First, we … examine the channels of influence of financialisation on distribution and on the different components of private aggregate … of financialisation in the context of the postKeynesian theory of the firm and explain the other channels from there. An …