Showing 1 - 10 of 24,837
-run aspects of Kalecki's fundamental profit equation (1) We argue that the short lag between investment decisions and expenditures … is an essential element of any meaningful interpretation of Kalecki's profit equation. This lag has critical implications …Abstract Keynes and Kalecki both assume that private investment determines (but is not determined by) private savings …
Persistent link: https://www.econbiz.de/10012099929
-run aspects of Kalecki’s fundamental profit equation (1) We argue that the short lag between investment decisions and expenditures … is an essential element of any meaningful interpretation of Kalecki’s profit equation. This lag has critical implications …Abstract Keynes and Kalecki both assume that private investment determines (but is not determined by) private savings …
Persistent link: https://www.econbiz.de/10010709576
crisis and a historical account of some early writings by Minsky on macro-prudential regulation. …
Persistent link: https://www.econbiz.de/10011095579
This paper compares Marx's economics with those by Sraffa, Keynes, Kalecki and Minsky. The paper takes an "ex post … attempt is made at studying in a systematic way, if and to what extent Sraffa, Keynes, Kalecki and Minsky were individually … theory of prices and distribution is reviewed. Then the relationship between Marx's and Keynes's monetary theory is examined …
Persistent link: https://www.econbiz.de/10011997039
The monetary theory of Kalecki and Minsky is usually placed within the Post-Keynesian tradition, deriving from the … monetary analysis of John Maynard Keynes. The paper argues that Kalecki and Minsky shared a common inheritance in Swedish and … German monetary theory, rather than the Marshallian tradition. Thus the monetary analysis of Kalecki and Minsky emphasises …
Persistent link: https://www.econbiz.de/10010665073
gives a partial update on advances in Kalecki-Minsky modelling. First, theoretically, it discusses the notion of pseudo …
Persistent link: https://www.econbiz.de/10014363350
This paper compares Marx's economics with those by Sraffa, Keynes, Kalecki and Minsky. The paper takes an 'ex post … is made to study in a systematic way whether and to what extent Sraffa, Keynes, Kalecki and Minsky were individually … theory of prices and distribution is reviewed. Then the relationship between Marx's and Keynes's monetary theory is examined …
Persistent link: https://www.econbiz.de/10014363354
This paper compares Marx's economics with those by Sraffa, Keynes, Kalecki and Minsky. The paper takes an "ex post … attempt is made at studying in a systematic way, if and to what extent Sraffa, Keynes, Kalecki and Minsky were individually … theory of prices and distribution is reviewed. Then the relationship between Marx's and Keynes's monetary theory is examined …
Persistent link: https://www.econbiz.de/10011994938
a synthesis between Kaldor’s and Kalecki’s theories and that of Schumpeter, might have been possible and that it …
Persistent link: https://www.econbiz.de/10010733744
theories developed during the thirties are examined in a second section, the first part focusing on Kalecki 1939’s theory based …
Persistent link: https://www.econbiz.de/10009371100