This paper presents a simple illustrative post-Kaleckian model of distribution and growth that incorporates personal … income inequality can potentially have contrary effects on aggregate demand and growth. It can illustrate some of the major … cascades from the very top to the very bottom of the distribution. For Germany, we fail to find compelling evidence for …

In dem Aufsatz wird der Zusammenhang zwischen funktionaler Einkommensverteilung und Wirtschaftswachstum in Österreich …We analyse the relationship between functional income distribution and economic growth in Austria, France, Germany, the … Netherlands, the UK and the USA from 1960 until 2005. The analysis is based on a demand-driven distribution and growth model for …

increases with the overall level of income inequality in the country, conditional on moving down in the wage distribution. Based … distribution been more equal, only about one tenth of the actual increase in inequality could have been attributed to the loss of …

increasing globalisation. In this paper we extend this type of analysis and integrate the effects on productivity growth …, theoretically and empirically. Productivity growth is introduced into the theoretical model making use of the Verdoorn effect or of … Kaldor's technical progress function and hence of a positive relationship between GDP or capital stock growth and …

profit in a simple post-Kaleckian distribution and growth model. This model gives rise to different potential accumulation … regimes depending on the values of the parameters in the investment, saving and distribution function. Estimating these core … increasing profit share in both countries. -- Interest rate ; distribution ; demand ; capital accumulation ; Kaleckian model …

It has become commonplace to raise the analogy between the recent experience of the dynamics of income distribution and … growth, and that of the era before the Great Depression. However, no study of the demand regime has been done for the early …

consumption. We use micro data to calibrate an intrinsic Keynesian growth model and show that over a range of plausible parameter …

chapter titled "A growth cycle." We review theoretical motivations for the distributive cycle, which, despite significant …

chapter titled "A growth cycle." We review theoretical motivations for the distributive cycle, which, despite significant …