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Economists' two main theoretical approaches to understanding Artificial Intelligence (AI) impacts have been the task-approach to labor markets and endogenous growth theory. Therefore, the recent integration of the task-approach into an endogenous growth model by Acemoglu and Restrepo (AR) is a...
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Welche Konsequenzen haben die Änderungen im Angebot von Gütern und Dienstleistungen für die überörtliche räumliche Planung? Sind die in den letzten Jahren beobachteten und diskutierten Veränderungen im Handel, in der Logistik und im Freizeitbereich Symptome allgemeinerer Veränderungen?...
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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 …
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A large body of literature inspired by the seminal contribution of Marglin and Bhaduri (1988) has debated the distributional determinants of demand and growth. A general conclusion has been that open economy considerations weaken the potential for a wage-led growth regime. However, this...
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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 …
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