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can be accumulated. I use some models of this type to study the determination of per capita growth, investment in physical … findings verify some of the predictions about the determination of growth and investment/saving rates. For example, government … consumption and investment spending, and proxies for economic freedom show up as suggested by the models. Also, the interplay …
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for reducing spending in public services versus government investment in measures to boost the economy as a response to …
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can be accumulated. I use some models of this type to study the determination of per capita growth, investment in physical … findings verify some of the predictions about the determination of growth and investment/saving rates. For example, government … consumption and investment spending, and proxies for economic freedom show up as suggested by the models. Also, the interplay …
Persistent link: https://www.econbiz.de/10013232139
The emphasis in post-Keynesian macroeconomics on wage- versus profit- led growth may not have been helpful. The profit share is not an exogenous variable, and the correlations between the pro.t share and economic growth can be positive for some exogenous shocks but negative for others. The...
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