This paper presents a stock-flow consistent growth model which is set in the Post-Keynesian tradition. A key feature of … constant rate of unemployment (at the "natural rate of growth"). The model incorporates a detailed description of the household …, production, banking and government sectors. This paper focuses on changes in parameters that are tied with financialization. The …

In Kaleckian models of distribution and growth the equilibrium rate of capacity utilisation may persistently diverge …-run endogeneity. Generally, we show that in a Kaleckian monetary distribution and growth model, which takes the major features of a …

In Kaleckian models of distribution and growth the equilibrium rate of capacity utilisation may persistently diverge …-run endogeneity. Generally, we show that in a Kaleckian monetary distribution and growth model, which takes the major features of a …

In Kaleckian models of distribution and growth the equilibrium rate of capacity utilisation may persistently diverge …-run endogeneity. Generally, we show that in a Kaleckian monetary distribution and growth model, which takes the major features of a …

, growth, instability and crises. We take a macroeconomic perspective and examine four channels of transmission of …

This paper explores the concept of financialization using a «stages of development» approach. The paper develops a … stylized history of financialization and tracks its evolution through different stages since the end of World War II. The paper … outcomes. The fact that financialization is long-running and expansionary in its early and middle stages, made it extremely …

This paper explores the concept of financialization using a «stages of development» approach. The paper develops a … stylized history of financialization and tracks its evolution through different stages since the end of World War II. The paper … outcomes. The fact that financialization is long-running and expansionary in its early and middle stages, made it extremely …

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

Into an analytical stock-flow consistent Post-Kaleckian distribution and growth model the following transmission …