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Wage and employment in a finance-led economy.

Firmin, Célia - Maison des Sciences Économiques, Université Paris 1 … - 2006

The object of this paper is to analyse the links between income distribution and growth in a finance-led economy, with a post Keynesian "stock-flow" macroeconomic model. In fact, the increased share of financial activities creates a new macroeconomic and income distribution dynamic. We will use...

Persistent link: https://www.econbiz.de/10005510651

"Financialisation" in post-Keynesian models of distribution and growth : a systematic review

Hein, Eckhard; Treeck, Till van - 2008

, in particular when there are strong wealth effects in firms' investment decisions (via Tobin's q) and in households …

Persistent link: https://www.econbiz.de/10003744547

Conflicting claims and equilibrium adjustment processes in a stock-flow consistent macro model

Dallery, Thomas; Treeck, Till van - 2008

Der Artikel greift die Debatte um "fully-adjusted positions" in der postkeynesianischen Literatur auf. Diese sind durch eine Übereinstimmung von normaler und tatsächlicher Kapazitätsauslastung in der langen Frist gekennzeichnet. Im Text wird argumentiert, dass hierin nicht die einzig...

Persistent link: https://www.econbiz.de/10003744546

Financialisation in a comparative static, stock flow consistent post-Kaleckian distribution and growth model

Hein, Eckhard - 2008

setting in the medium run. 2. Firms' investment is affected through a 'management's preference channel' and an 'internal means …

Persistent link: https://www.econbiz.de/10003836933

Financialisation or the Management Philosophy of Globalism

Botos, Katalin - In: Public Finance Quarterly 59 (2014) 2, pp. 258-271

The philosophy of globalism is neoliberalism. It has become prevalent due to the financialisation of the economy. During the twenty-five years of the so-called Fordist growth regime the interests of the real sector were served by the financial sector. This situation has changed in the last few...

Persistent link: https://www.econbiz.de/10010938998

Private Investment, Portfolio Choice and Financialization of Real Sectors in Emerging Markets

Demir, Firat - Volkswirtschaftliche Fakultät, … - 2007

under uncertainty on real investment performance in three emerging markets, Argentina, Mexico and Turkey. Employing a … portfolio choice model to explain the low fixed investment rates in developing countries during the 1990s, we suggest that … rather than investing on risky and irreversible long term fixed investment projects, firms may choose to invest on reversible …

Persistent link: https://www.econbiz.de/10005835617

The rise and demise of Lucent Technologies

Lazonick, William; March, Edward - Volkswirtschaftliche Fakultät, … - 2010

We analyze the rise and demise of Lucent Technologies from the time that it was spun off from AT&T in April 1996 to its merger with Alcatel in December 2006. The analysis, contained in the three sections that form the body of this paper, considers three questions concerning Lucent’s...

Persistent link: https://www.econbiz.de/10008552824

Financialization of the U.S. corporation: what has been lost, and how it can be regained

Lazonick, William - Volkswirtschaftliche Fakultät, … - 2012

failure to the financialization of the U.S. corporation. The most obvious manifestation of financialization is the phenomenon …

Persistent link: https://www.econbiz.de/10011113715

Financialisation and the "supply-side" face of the investment-profit puzzle

Rabinovich, Joel - In: Journal of Post Keynesian economics 44 (2021) 3, pp. 434-462

Persistent link: https://www.econbiz.de/10012623674

Did the "real" economy turn financial? : mapping the contours of financialisation in the non-financial corporate sector

Soener, Matthew - In: New political economy 26 (2021) 5, pp. 817-831

Persistent link: https://www.econbiz.de/10012624779