In this paper, the Post-Kaleckian approach on financialisation which argues that investment of Nonfinancial … will be criticized based on a Minskyan understanding of investment. It will be put forward that, reinvestment of profits in …

demand, i.e. investment, consumption and net exports. Since increasing shareholder power and shareholder value orientation of … of financialisation in the context of the postKeynesian theory of the firm and explain the other channels from there. An … important result is the emergence of 'profits without investment' demand and growth regimes, for which we point out the …

, as well as on the effects of increasing "shareholder value orientation" of management's investment decisions. An isolated … increase in the "shareholder value orientation" of management's investment decisions has a uniquely negative effect on capacity … investment and the saving function of the models. "Profits without investment", the "intermediate" case in both models, is a …

stylized facts of 'finance-dominated capitalism': a fall in animal spirits of the firm sector with respect to real investment …

the investment rate and the wage share of income in the long run. It is shown that a rising benchmark interest rate …

The Russian economy entered a period of investment pause in 2013. In terms of financial resources available for the … investment process, it is characterized by substantial increase in enterprise self-financing for investment projects with … resources available in the economy. Activating the investment process through economic enterprises' own resources is an option …