Into an analytical stock-flow consistent Post-Kaleckian distribution and growth model the following transmission …

, growth, instability and crises. We take a macroeconomic perspective and examine four channels of transmission of …

Post Keynesian (PK) growth models typically fail to model unemployment. That shows up in the absence of any equilibrium … condition requiring the growth of employment equal effective labor supply growth. Consequently, the models can have an imploding … paper applies the concept to several different PK growth models. In the Harrod, super-multiplier, Cambridge, and neo …

In a Kaleckian distribution and growth model with workers' debt we examine the short- and long-run effects of three …

This paper links the super-multiplier to Keynesian macroeconomics, showing it to be the most Keynesian of growth … accumulation. Firms' decisions regarding capital accumulation coordinate demand and supply growth in goods markets. The paper then … explores the implications of incorporating the super-multiplier in the Neo-Kaleckian and Cambridge growth models. Lastly, it …

Post Keynesian (PK) growth models typically fail to model unemployment. That shows up in the absence of any equilibrium … condition requiring the growth of employment equal effective labor supply growth. Consequently, the models can have an imploding … paper applies the concept to several different PK growth models. In the Harrod, super-multiplier, Cambridge, and neo …

This paper links the super-multiplier to Keynesian macroeconomics, showing it to be the most Keynesian of growth … accumulation. Firms' decisions regarding capital accumulation coordinate demand and supply growth in goods markets. The paper then … explores the implications of incorporating the super-multiplier in the Neo-Kaleckian and Cambridge growth models. Lastly, it …

In a Kaleckian distribution and growth model with workers' debt we examine the short- and long-run effects of three …

include consumer as well as corporate debt in a stock-flow consistent neo-Kaleckian growth model and explore the macrodynamic … ramifications. We find that consumer credit conditions influence effective demand, the profit rate, and economic growth. The … results of simpler models. For example, we find that a surge in animal spirits is good for steady-state growth. We show that …