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endogenous income-capital ratio: one through the Keynesian notion of effective demand, the other building on induced bias in … consistent with the observed decline of the labor share, the income-capital ratio, and labor productivity growth during the …
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Introduction.- Balanced Growth in Decentralized Economies -- Transition to Balanced Growth -- The Finance of the Transition Phase -- Production Capacities in Decentralized Economies -- Models of Technological Progress in Decentralized Economies -- Cyclical Growth in Decentralized Economies.-...
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