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Inequality and stagnation by policy design : mainstream denialism and its dangerous political consequences

Palley, Thomas I. - In: Makroökonomie im Dienste der Menschen : Festschrift …, (pp. 77-90). 2019

Persistent link: https://www.econbiz.de/10012226301

Inequality and stagnation by policy design : mainstream denialism and its dangerous political consequences

Palley, Thomas I. - In: Challenge : the magazine of economic affairs 62 (2019) 2, pp. 128-143

Persistent link: https://www.econbiz.de/10012181569

Inequality and growth : Marxian and post-Keynesian/Kaleckian perspectives on distribution and growth regimes before and after the Great Recession

Hein, Eckhard - 2018

discussion about stagnation tendencies in capitalist economies. In orthodox approaches income distribution only has a restricted …-Keynesian/Kaleckian approaches when it comes to explaining medium- to long-run trends of economic growth - and stagnation. In this contribution we …-dominated capitalism, both before and after the recent crisis. Finally, we also sketch an interpretation of stagnation tendencies in a …

Persistent link: https://www.econbiz.de/10011790517

Defense and Inequality: Evidence from Selected ASIAN Countries

Hirnissa, M.T; Habibullah, M.S.; Baharom, A.H. - Volkswirtschaftliche Fakultät, … - 2008

This paper examines the causality between military expenditure and income inequality in selected Asian countries namely Malaysia, Indonesia, Singapore, Philippines, India and South Korea for the period 1970-2005. Autoregressive Distributed Lag (ARDL) bounds testing procedure is employed to (1)...

Persistent link: https://www.econbiz.de/10005260231

Curtailment of economic activity and labor inequalities

Florio, Erminia; Kharazi, Aicha - 2022

The worrying combination of the labor market tightness and the wage inflation in the US since the pandemic raises a question on how the business closure orders affected the fragile segments of the labor force and contributed to mounting inflationary wage pressure. We develop a macroeconomic...

Persistent link: https://www.econbiz.de/10013365159

Minsky's money manager capitalism and the global financial crisis

Wray, L. Randall - 2011

The world's worst economic crisis since the 1930s is now well into its third year. All sorts of explanations have been proffered for the causes of the crisis, from lax regulation and oversight to excessive global liquidity. Unfortunately, these narratives do not take into account the systemic...

Persistent link: https://www.econbiz.de/10008933495

The effects of the saving and banking glut on the U.S. economy

Justiniano, Alejandro; Primiceri, Giorgio E.; … - 2013

We use a quantitative equilibrium model with houses, collateralized debt and foreign borrowing to study the impact of global imbalances on the U.S. economy in the 2000s. Our results suggest that the dynamics of foreign capital flows account for between one fourth and one third of the increase in...

Persistent link: https://www.econbiz.de/10010352184

2007-2008 Qlobal Iqtisadi Böhranin Abş Və Avropa Iqtisadiyyatina Uzun Müddətli Təsirləri (Long-Term Effects of the 2007-2008 Global Economic Crises on the Economy of the United Sta...

Suleymanov, Elchin - 2012

In this article, the long-lasting effects of the 2007-2008 global economic crises on the economy of the United States and Europe have been investigated and presented separately. In these economies, the permanence of this effect is given. Similar and different aspects are explained in terms of...

Persistent link: https://www.econbiz.de/10013097551

The Comparative Analysis of Macro Economic Reasons and Consequences of Crisis in 1929 and 2008

Aras, Osman Nuri - 2012

This work comprises the comparative analysis of macro economic reasons and consequences of world economic crisis happened in 2008 which affected the economy of the world and the 1929 crisis the biggest that ever happened in the world. It is obvious that both of crises have common and different...

Persistent link: https://www.econbiz.de/10013098589

The Costs of ‘Coupling’ : The Global Crisis and the Indian Economy

Chandrasekhar, C. P. - 2010

The view that the Indian economy would be less adversely affected by the global economic crisis because of limited integration and other inherent strengths has proved to be wrong. The economic boom in India that preceded the current downturn was dependent upon greater global integration in three...

Persistent link: https://www.econbiz.de/10013152284