distribution and growth. The focus is on the effects of changes in distribution between shareholders/rentiers, firms and workers … shareholder power in Kaleckian/Post-Kaleckian models of distribution and growth, in: Review of Political Economy, 22(2). … growth.A revised version of this paper was published as: Hein, E., van Treeck, T. (2010): Financialisation and rising …

A feature of Kaleckian models of distribution and growth that is often overlooked is that they describe a nonlinear … relation between functional income distribution and demand and growth, because the size of the multiplier is affected by … examining its so-called IS-curves. It is found that changes in functional income distribution affect the "distribution …

role to play, if at all, but the interaction between distribution and growth is at the centre of Marxian and post … will thus provide Marxian and Kaleckian assessments of the distribution and growth regimes under finance …The re-distribution of income from labour to capital, from workers to top-managers, and from low income households to …

Into an analytical stock-flow consistent Post-Kaleckian distribution and growth model the following transmission … channels of 'financialisaton' are integrated. 1. 'Financialisation' is assumed to affect distribution between firms and … rentiers in the short run, and distribution between capital and labour through a dividend-elastic mark-up in firms' price …

. The paper explores the channels whereby functional and personal income distribution impact growth. The growth - inequality …This paper examines the relationship between inequality and growth in the neo-Kaleckian and Cambridge growth models … se does not impact growth through macroeconomic channels. Instead, both growth and inequality are impacted by changes in …

neo-Kaleckian distribution and growth model with wage inequality, which allows for different medium-run demand regimes in …This contribution provides a review of recent considerations of wage inequality in Kaleckian models of distribution and … growth. On the one hand, we address modelling approaches in which a distinction is made between managers and workers, where …

the financial sector and the non-financial sectors of the economy associated with 'financialisation' on distribution …, growth, instability and crises. We take a macroeconomic perspective and examine four channels of transmission of … financialisation to the macroeconomy: first, the effect on income distribution, second, the effects on investment in capital stock …

-Kaleckian model. Surprisingly, the respective literature on distribution and growth largely ignored these features of Keynesian … changes in income distribution. This effect gives rise to non-linearity of distributional effects, even in basic models. Under … certain conditions, an important consequence from the distribution-sensitive multiplier is that a higher wage share can have …

We review recent attempts to integrate 'financialisation' processes into Post-Keynesian distribution and growth models … of distribution and growth - a systematic review, in: Setterfield, M. (2010) Handbook of Alternative Theories of Economic … opportunities for households' wealth-based and debt-financed consumption, and 3. distribution between capital and labour, on the one …

the driver and determinant of growth into Kaleckian distribution and growth models. Whereas previous contributions have … distribution dynamics in such models. For this purpose we treat the growth of government expenditures on goods and services … system towards such a growth rate, analyse the related long-run debt dynamics and deal with stability and income distribution …