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the financial sector and the non-financial sectors of the economy associated with 'financialisation' on distribution … financialisation to the macroeconomy: first, the effect on income distribution, second, the effects on investment in capital stock … financialisation, short- to medium-run dynamic 'profits without investment' regimes may emerge, which can be driven by flourishing …
Persistent link: https://www.econbiz.de/10010955082
the financial sector and the non-financial sectors of the economy associated with ‘financialisation’ on distribution … financialisation to the macroeconomy: first, the effect on income distribution, second, the effects on investment in capital stock … financialisation, short- to medium-run dynamic ‘profits without investment’ regimes may emerge, which can be driven by flourishing …
Persistent link: https://www.econbiz.de/10010925524
financialisation since circa 1980 …
Persistent link: https://www.econbiz.de/10010925525
Financialisation is a complex and dynamic process of enlarging the monetary and financial relations in economy and … explains and analyses the ways and modalities to develop financialisation by growing the public and private indebtedness …
Persistent link: https://www.econbiz.de/10010607443
The 2008 collapse of the world financial system, while proximately linked to the housing bubble and risk laden mortgage backed securities, was a consequence of the financialization of the U.S. economy since the 1970s. This paper examines the institutional and income dynamics associated with...
Persistent link: https://www.econbiz.de/10014198868
A growing literature suggests that ‘financialisation’ may weaken the performance of non-financial corporations and … qualitative effects of ‘financialisation’ are insensitive to the precise specification of household saving behaviour but depend …
Persistent link: https://www.econbiz.de/10014213154
We review post-Keynesian assessments of the macroeconomic demand and growth impacts of financialisation. First, we … examine the channels of influence of financialisation on distribution and on the different components of private aggregate … of financialisation in the context of the postKeynesian theory of the firm and explain the other channels from there. An …
Persistent link: https://www.econbiz.de/10014490639
We review recent attempts to integrate 'financialisation' processes into Post-Keynesian distribution and growth models … of the firm we bridge the gap between micro- and macro-analysis of 'financialisation' and we trace the main … characteristics and effects of 'financialisation' from the micro to the macro level taking into account stock-flow interactions. Our …
Persistent link: https://www.econbiz.de/10005026916
The macroeconomic effects of ‘financialisation’ are assessed applying two different variants of a Kaleckian model of …
Persistent link: https://www.econbiz.de/10005582248
Persistent link: https://www.econbiz.de/10010741339