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an even limited - flexibility of the nominal exchange rates. According to the theory of Optimal Currency Areas (OCA), in …
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an - even limited - flexibility of the nominal exchange rates. According to the theory of Optimal Currency Areas (OCA …
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Focussing on the long-run effects of 'financialisation' and increasing shareholder power in a simple Post-Kaleckian endogenous growth model, we examine the effects of increasing shareholder power on the demand regime, on the productivity regime, and on the overall regime of the model. Under...
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