profitability problems, and proceeds to concentrate on an analysis of issues surrounding the profitability problem in two steps …. First, evidence on profitability trends for the Nonfarm Nonfinancial Corporate Business, the Nonfinancial Corporate Business … and the Corporate Business sectors in post-War U.S. are summarized. A broad range of profit rate measures are covered and …

The law of the tendential fall in the rate of profit has been at the center of theoretical and empirical debates within … the absence of a comprehensive econometric analysis of the behaviour of the rate of profit. In this paper, we attempt to … fill this lacuna in two ways. First, we investigate the time series properties of the profit rate series. The evidence …

John Maynard Keynes's liquidity preference theory, Kregel argued that such rejection leaves the relation between money and … capital asset prices, and thus investment theory, hanging. This paper extends Kregel's analysis to an examination of the role … requires an extension of the circuit theory of money, along the lines of the credit and state money approaches of modern …

different forms of profit-driven technical change and productivity are derived in a general input-output framework with fixed …

This paper studies the empirical relationship between the Federal funds effective rate and the rate of profit or profit … the fed funds interest rate generate negative responses of the rate of profit, thus corroborating previous findings that … show that a tight monetary policy is associated with lower aggregate profitability levels …