Showing 1 - 10 of 2,154
The paper provides an empirical discussion of the national emergency utilization rate (NEUR), which is based on a "national emergency" definition of potential output and is published by the US Census Bureau. Over the peak-to-peak period 1989-2019, the NEUR decreased by 14.2 percent. The paper...
Persistent link: https://www.econbiz.de/10012548209
utilization. First, it explains why utilization is a crucial variable for the various theories of growth and distribution …This paper discusses some issues related to the triangle between capital accumulation, distribution, and capacity … determined distribution (along classical lines). Second, it responds to some recent criticism by Girardi and Pariboni (2019). I …
Persistent link: https://www.econbiz.de/10012208155
utilization. First, it explains why utilization is a crucial variable for the various theories of growth and distribution …This paper discusses some issues related to the triangle between capital accumulation, distribution, and capacity … determined distribution (along classical lines). Second, it responds to some recent criticism by Girardi and Pariboni (2019). I …
Persistent link: https://www.econbiz.de/10012208160
production on the one hand, and aggregate savings, investment, and macroeconomic growth on the other. Tractable models …This chapter reviews various interactions between the distribution of income across individuals and factors of … scarce resources efficiently, and the dynamics of income and consumption distribution have no welfare implications. Other …
Persistent link: https://www.econbiz.de/10014024200
Capital markets facilitate capital growth by mobilizing savings and converting them into investments, and they are … therefore a stimulant of economic growth. There is evidence that countries with high savings rates tend to grow faster. Although … to incentivize investments; developing and implementing focused policies to support the growth of micro, small and medium …
Persistent link: https://www.econbiz.de/10013380646
China has achieved impressive growth over the last three decades. However, there has been debate over the sources of … the growth, and the role of the intensive versus extensive margin. Growth accounting exercises at the aggregate level … have been doubts about the contribution of TFP improvements to growth. For the period between 1978 and 1998, Young (2003 …
Persistent link: https://www.econbiz.de/10010269571
economic growth and the overall trend in gross domestic savings over the course of planned development in India. The empirical … study confirms the existence of bi-directional granger causality between domestic savings rate and GDP growth for India …A brief look at the prime macroeconomic variables affecting economic growth in the country confirms the key role of the …
Persistent link: https://www.econbiz.de/10012925717
the model used in this paper, savings and investment are co-determined through adjustments in the real interest rate, and … investment, higher interest rates and lower growth rates that the corresponding representative household model. We calibrate the … quantitatively large. For plausible parameter values, the differences in growth rates, savings rates and investment rates are of the …
Persistent link: https://www.econbiz.de/10013072414
Persistent link: https://www.econbiz.de/10010417756
distribution and growth. The focus is on the effects of changes in distribution between shareholders/rentiers, firms and workers … shareholder power in Kaleckian/Post-Kaleckian models of distribution and growth, in: Review of Political Economy, 22(2). … growth.A revised version of this paper was published as: Hein, E., van Treeck, T. (2010): Financialisation and rising …
Persistent link: https://www.econbiz.de/10003747641