We use a definition of an equilibrium rate of unemployment as a mismatch indicator. An application of the indicator to nine Organization for Economic Cooperation and Development (OECD) countries leads to diverging results. Most of the considered countries have experienced increasing mismatch in...

Post-Keynesian demand driven distribution and growth models, based on the notion of distribution conflict between different groups, have been critical regarding the macroeconomic effects of 'financialisation'. In the present paper, firstly, we attempt to identify theoretically and empirically...