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Profit-led in effect or in mere appearance? : estimating the Irish demand regime given the influence of multinational enterprises

Woodgate, Ryan - 2021

In the Republic of Ireland, the activities of MNEs drive real demand on one level and severely distort conventional national accounts statistics on another. This poses a problem for the valid estimation of the Irish demand regime since key variables such as the wage share of GDP are skewed and...

Persistent link: https://www.econbiz.de/10012419267

Demand regimes and the business-cycle : feedback effects between capacity utilization and income distribution taking into account overhead labor : SVAR-estimates for Germany (2007...

Hansen, Mads R. - 2024

In this paper, Structural Vector Autoregressive (SVAR) models of quarterly data between 2007 and 2021 are estimated to assess short-term regimes of aggregate demand and distribution in Germany. The obtained Impulse Response Functions (IRFs) of the conventional neo-Goodwinian baseline case, with...

Persistent link: https://www.econbiz.de/10014490713

Demand regimes and the business-cycle: Feedback effects between capacity utilization and income distribution taking into account overhead labor - SVAR-estimates for Germany (2007 -...

Hansen, Mads R. - 2024

Persistent link: https://www.econbiz.de/10014493221

Inflation and distribution during the post-COVID recovery

Setterfield, Mark - 2022

The early stages of recovery from the recession induced by the COVID-19 pandemic have been accompanied by a marked increase in inflation in the US and elsewhere. Much has been made of this outcomes, and the economic distress associated with it, in popular discussion of the economy. This paper...

Persistent link: https://www.econbiz.de/10014327603

On the way to the Great Depression : the demand regime of the US economy (1900-1929)

Borazan, Ahmad A - 2015

growth, and that of the era before the Great Depression. However, no study of the demand regime has been done for the early …

Persistent link: https://www.econbiz.de/10011343023

Monetary Policy Strategies of the European Central Bank and the Federal Reserve Bank of the U.S.

Wray, L. Randall; Sardoni, C. - EconWPA - 2005

In the debate on monetary policy strategies on both sides of the Atlantic, it is now almost a commonplace to contrast the Fed and the ECB by pointing out the former’s flexibility and capacity to adjust rigidity, and the latter’s extreme caution, and obsession with low inflation. In looking...

Persistent link: https://www.econbiz.de/10005076846

Economic growth: trade, public finance, and the paradox of thrift

Smithin, John - In: Review of Keynesian Economics 2 (2014) 4, pp. 456-463

The classical argument for free trade stressed the possibilities of economic growth by exploiting the gains from trade … higher growth rate. Moreover, the arguments for free trade were made against the background of an assumed hard peg (the gold …-for-one increase in the growth rate, and potential regional hegemony for the first mover. To restore balance amongst the trade partners …

Persistent link: https://www.econbiz.de/10011133481

Inflation and distribution during the post-COVID recovery

Setterfield, Mark - 2022

Persistent link: https://www.econbiz.de/10014329443

Bargaining power, structural change, and the fallin U.S. labor share

Cauvel, Michael; Pacitti, Aaron - 2021

One of the most significant stylized facts in the U.S. economy since the 1970s has been the decline in the share of national income accruing to labor. Many recent studies have sought to explain this trend, with most explanations focusing on structural changes such as deindustrialization,...

Persistent link: https://www.econbiz.de/10012660337

The distributive cycle : evidence and current debates

Barrales-Ruiz, Jose; Mendieta-Muñoz, Ivan; Rada, Codrina; … - 2021

chapter titled "A growth cycle." We review theoretical motivations for the distributive cycle, which, despite significant …

Persistent link: https://www.econbiz.de/10012581571