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Orthodoxy versus heterodoxy : inflation, unemployment, growth, profit

Manera, Carlos - 2015

Institutions like the IMF, the ECB and many finance ministries and private banks in the world's richest countries are sending out unequivocal calls for strict control of prices to be addressed urgently, given their intrinsic relationship with how the budget deficit and government debt evolve....

Persistent link: https://www.econbiz.de/10010494932

Distribution-led growth through methodological lenses

Nikiforos, Michalis - 2016

This paper presents a methodological discussion of two recent “endogeneity” critiques of the Kaleckian model and the concept of distribution-led growth. From a neo-Keynesian perspective, and following Kaldor (1955) and Robinson (1956), the model is criticized because it treats distribution...

Persistent link: https://www.econbiz.de/10011591479

Distribution-led growth through methodological lenses

Nikiforos, Michaelis - 2018

This paper presents a methodological discussion of two recent "endogeneity" critiques of the Kaleckian model and the concept of distribution-led growth. From a neo-Keynesian perspective, it is criticized because it treats distribution as quasi-exogenous, while in Skott (2017), distribution is...

Persistent link: https://www.econbiz.de/10011926928

Embodied Growth Accounting with Recombinant Innovation : A New Approach

Jefferson, Gary H. - 2021

This paper formulates a novel growth accounting framework that attempts to achieve several objectives. The first is to build a bridge between growth accounting and growth theory by resolving their asymmetric interpretations of technical change and the fundamental “sources” of growth. This...

Persistent link: https://www.econbiz.de/10013249485

A neo-Kaleckian-Goodwin model of capitalist economic growth : monopoly power, managerial pay, labor market conflict, and endogenous technical progress

Palley, Thomas I. - 2012

Dieser Artikel entwickelt ein neo-kaleckianisches-Goodwin-Wachstums- und Verteilungsmodell. Das Modell hilft das …This paper presents a neo-Kaleckian-Goodwin model of growth and distribution. The key innovation is the introduction of … managerial pay. Kaleckian monopoly power determines the functional distribution of income and Goodwin labor bargaining power …

Persistent link: https://www.econbiz.de/10009672475

A neo-Kaleckian–Goodwin model of capitalist economic growth : monopoly power, managerial pay and labour market conflict

Palley, Thomas I. - In: Cambridge journal of economics 38 (2014) 6, pp. 1355-1372

Persistent link: https://www.econbiz.de/10010442544

Growth and cycles as a struggle: Lotka-Volterra, Goodwin and Phillips

Orlando, Giuseppe; Sportelli, Mario C. - In: Nonlinearities in economics : an interdisciplinary …, (pp. 191-208). 2021

Goodwin model. The latter reinterprets, in economical terms, the dynamics of biological prey–predator struggle as described by … the Lotka-Volterra model. The interaction between the two species reminded Goodwin about the Marxian conflict of class …. Goodwin's model explains cycles in those terms and will be tested in Chap. 19. The Kolmogorov generalization of the prey …

Persistent link: https://www.econbiz.de/10012648043