In a Kaleckian monetary distribution and growth model with conflict inflation we assess the role of a Non Accelerating … rate tool is analysed. The problem of long run endogeneity of the NAIRU is addressed integrating the long run distribution …

In Kaleckian models of distribution and growth the equilibrium rate of capacity utilisation may persistently diverge …. Since inflation in our model is driven by distribution conflict, the "normal rate" of utilisation is associated with … consistent claims of firms and employees. Taking into account real debt effects of changes in inflation and distribution effects …

Into an analytical stock-flow consistent Post-Kaleckian distribution and growth model the following transmission … channels of 'financialisaton' are integrated. 1. 'Financialisation' is assumed to affect distribution between firms and … rentiers in the short run, and distribution between capital and labour through a dividend-elastic mark-up in firms' price …

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 …

impacts on labor movement and income distribution. We apply our analytical findings to reasonable parameters for a large set …