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Marx on division of labour, mechanization and technical progress

Ricoy, Carlos - In: The European Journal of the History of Economic Thought 10 (2003) 1, pp. 47-79

the forces of production, the process of capital accumulation and the expansion of markets; it further brings out the role … of competition as a fundamental driving force in the interrelated processes of accumulation and of development of the …

Persistent link: https://www.econbiz.de/10005505305

Growth without normal capacity utilization

Palumbo, Antonella; Trezzini, Attilio - In: The European Journal of the History of Economic Thought 10 (2003) 1, pp. 109-135

Within the demand-led approach to growth, the long-period tendencies of quantities cannot be effectively studied through theoretical positions entailing normal utilization of capacity. Whether in the form of constant or of average normal utilization, this assumption contradicts the supposed...

Persistent link: https://www.econbiz.de/10005505328

Steindlian Models of Growth and Stagnation

Skott, Peter; Flaschel, Peter - Department of Economics, University of Massachusetts-Amherst - 2004

This paper examines Steindl’s original 1952 model and relates it to subsequent stagnationist models. The model is then extended by introducing endogenous changes in the markup and a reformulation of the investment function. These extensions address weaknesses of the simpler models, find...

Persistent link: https://www.econbiz.de/10005533165

Too Much for Self-Insurance? Asian Foreign Reserves

Hashimoto, Yuko - Hong Kong Institute for Monetary Research (HKIMR), … - 2008

This paper attempts to identify whether the recent foreign reserve accumulation in Asian economies has been too …, the level of reserves numerated by various economic fundamentals such as broad money, imports and short-term external debt … of 1997, reserves in terms of short-term external debt were apparently not sufficient to avoid speculative attacks. Then …

Persistent link: https://www.econbiz.de/10005435835

The Aid Effectiveness Literature. The Sad Result of 40 Years of Research

Doucouliagos, Hristos; Paldam, Martin - School of Economics and Management, University of Aarhus - 2005

The AEL consists of empirical macro studies of the effects of development aid. At the end of 2004 it had reached 97 studies of three families, which we have summarized in one study each using meta-analysis. Studies of the effect on investments show that they rise by 1/3 of the aid – the rest...

Persistent link: https://www.econbiz.de/10005440011

Distribution and accumulation in post-1980 advanced capitalism

Barba, Aldo; Pivetti, Massimo - In: Review of Keynesian Economics 1 (2012), pp. 126-142

The paper tries to build a framework of the interconnections between income distribution and accumulation for the years …

Persistent link: https://www.econbiz.de/10011133467

"Investment, Financial Markets, and Uncertainty"

Arestis, Philip; González, Ana Rosa; Dejuan, Oscar - Levy Economics Institute - 2012

This paper provides a theoretical explanation of the accumulation process, which accounts for the developments in the …

Persistent link: https://www.econbiz.de/10011141202

The Dynamics of Exploitation and Class in Accumulation Economies

Cogliano, Jonathan F.; Veneziani, Roberto; Yoshihara, Naoki - Department of Economics, University of Massachusetts-Amherst - 2014

This paper analyses the equilibrium dynamics of exploitation and class in general accumulation economies with …

Persistent link: https://www.econbiz.de/10011106444

Il Pay-as-You-Go pubblico e privato: davvero diversi? Un confronto Europa - Us

SALERNO, Nicola Carmine - Volkswirtschaftliche Fakultät, … - 2013

Data from Stability Programs (European Countries) and from Us Congress Budget Office and Us Bureau of Census are collected to investigate the burden each worker will have to bear in the future in order to finance pension and health care provisions. If the private side of the system is based,...

Persistent link: https://www.econbiz.de/10011108591

Financial Capital Overaccumulation

Hsu, Sara - Volkswirtschaftliche Fakultät, … - 2012

Overaccumulation of financial capital at the expense of the real sector resulted in falling wages as well as in the most recent global financial crisis. This is a topic of increasing interest, as the idea that some developed economies have reached a stage of overfinancialization has gained some...

Persistent link: https://www.econbiz.de/10011108924