Download or read book Traverse Hysteresis and Normal Rates of Capacity Utilization in Kaleckian Models of Growth and Distribution written by Marc Lavoie and published by . This book was released on 1995 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Traverse Hysteresis and Normal Rates of Capacity Utilization in Kaleckian Models of Growth and Distribution written by Marc Lavoie and published by Department of Economics, University of Ottawa = Dép. de science économique, Université d'Ottawa. This book was released on 1995 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Classical Neoclassical and Keynesian Views on Growth and Distribution written by Neri Salvadori and published by Edward Elgar Publishing. This book was released on 2006-01-27 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book reconsiders and analyses the different approaches historically proposed in the literature on growth and distribution. The contributors have achieved, through a comprehensive and cohesive analysis of the approaches of different schools of thought, a wide-ranging interpretation of a variety of important economic phenomena. The book identifies elements characterising each approach and tries to derive from them a range of insights into the complexity of the growth process.
Download or read book Convergence Towards the Normal Rate of Capacity Utilization in Neo Kaleckian Models written by Marc Lavoie and published by . This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Neo-Kaleckian models of growth and distribution have been highly popular among heterodox economists. Two drawbacks of these models have, however, been underlined in the literature: first, the models do not usually converge to their normal rate of capacity utilization; second, the models do not include the Harrodian principle of dynamic instability. Some Sraffian economists have long been arguing that the presence of non-capacity creating autonomous expenditures provides a mechanism that brings back the model to normal rates of capacity utilization, while safeguarding the main Keynesian message and without going back to classical conclusions. The present article provides a very simple proof of this, showing within a neo-Kaleckian model that the Harrodian principle of dynamic instability gets tamed by the presence of autonomous consumer expenditures.
Download or read book Economic Growth and Distribution written by Neri Salvadori and published by Edward Elgar Publishing. This book was released on 2006-01-01 with total page 458 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic Growth and Distribution isolates and compares the logical structures and methodological underpinnings underlying the relationship between economic growth and distribution. It carries out an in-depth analysis of a wide range of issues connected with growth theory considered from different theoretical perspectives. Its uniqueness is derived from the original contributions by a number of scholars of different persuasions; some within the mainstream and others from Keynesian-Kaleckian-Sraffian positions. The book deals with a wide variety of research topics concerning economic growth and distribution, such as the transition from the epoch of Malthusian stagnation to the contemporary era of modern economic growth; comparisons among the classical tradition, modern theory, and heterodox models; problems of policy; dynamics and business cycles; the role on institutions.
Download or read book Post Keynesian Growth Theory written by Lavoie, Marc and published by Edward Elgar Publishing. This book was released on 2022-02-17 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: Post-Keynesian Growth Theory is a collection of 18 articles by Marc Lavoie, published between 1995 and 2020, with an extended foreword by Eckhard Hein. Marc Lavoie’s introduction recalls how he became attracted to the post-Keynesian theory of growth more than 45 years ago and explains how and why this book came about.
Download or read book Growth Cycles and Distribution written by Hiroaki Sasaki and published by Apollo Books. This book was released on 2014 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a collection of Hiroaki Sasaki's contributions to further developing the Kaleckian model of analyzing economic growth cycles and distribution. The Kaleckian model is a post-Keynesian type of growth model based on a principle of effective demand. It investigates how changes in income distribution affect microeconomic variables, such as economic growth, output, and employment. Although many discussions of the Kaleckian model focus on short-run economic growth, Sasaki's main contribution is that he also considers medium and long-runs. Sasaki also introduces a variety of factors, such as differentiating between profit-led and wage-led regimes and investigating how the wage gap between regular and non-regular types of employment affects economic growth. The earlier versions of the papers collected here have been previously published in esteemed academic journals, such as Structural Change and Economic Dynamics, Journal of Economics, International Review of Applied Economics, and Metroeconomics.
Download or read book Distribution and Growth after Keynes written by Eckhard Hein and published by Edward Elgar Publishing. This book was released on 2014-10-31 with total page 566 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the first part of the book, Eckhard Hein presents a comprehensive overview of the main approaches towards distribution and growth including the contributions of Harrod and Domar, old and new neoclassical theories including the fundamental capital co
Download or read book Sraffa and Modern Economics Volume II written by Roberto Ciccone and published by Routledge. This book was released on 2012-03-29 with total page 371 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analyzing Sraffa, one of the key figures in the history of economics, this book explores his legacy and the relevance of his thought for modern economics. Written by an array of internationally respected contributors, including Schefold, Aspromourgos, Nell and Kurz it is an invaluable tool for all those studying the history of economic thought.
Download or read book Growth and Distribution written by Duncan K. Foley and published by . This book was released on 2019-02 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: Authors Foley, Michl, and Tavani offer a major revision of an established textbook on the theory, measurement, and history of economic growth, with new material on climate change, corporate capitalism, and innovation.
Download or read book On the in stability and the Endogeneity of the normal Rate of Capacity Utilisation in a Post Keynesian Kaleckian monetary Distribution and Growth Model written by and published by . This book was released on 2006 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Heterodox Macroeconomics written by Robert A. Blecker and published by Edward Elgar Publishing. This book was released on 2019 with total page 643 pages. Available in PDF, EPUB and Kindle. Book excerpt: p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 10.0px Arial} The last few decades have witnessed an outpouring of literature on macroeconomic models in the broad ‘heterodox’ tradition of Marx, Keynes, Robinson, Kaldor and Kalecki. These models yield an alternative analytical framework in which the big questions of our day – such as how inequality is related to growth or stagnation, and whether long-run growth is stable or unstable – can be fruitfully addressed. Heterodox Macroeconomics provides an accessible, pedagogically oriented treatment of the leading models and approaches in heterodox macroeconomics with clear, step-by-step presentations of core models and their solutions, properties and implications.
Download or read book Post Keynesian Essays from Down Under Volume IV Essays on Theory written by G. Harcourt and published by Springer. This book was released on 2019-03-15 with total page 525 pages. Available in PDF, EPUB and Kindle. Book excerpt: Joseph Halevi, G. C. Harcourt, Peter Kriesler and J. W. Nevile bring together a collection of their most influential papers on post-Keynesian thought. Their work stresses the importance of the underlying institutional framework, of the economy as a historical process and, therefore, of path determinacy. In addition, their essays suggest the ultimate goal of economics is as a tool to inform policy and make the world a better place, with better being defined by an overriding concern with social justice. Volume IV explores theory.
Download or read book Encyclopedia of Political Economy written by Phillip O'Hara and published by Routledge. This book was released on 1999-02-04 with total page 938 pages. Available in PDF, EPUB and Kindle. Book excerpt: This groundbreaking Encyclopedia is the very first fully-refereed A-Z compendium of the main principles, concepts, problems, institutions, schools and policies associated with political economy. Based on developments in political economy since the 1960s, it is designed to provide a comprehensive introduction to the field as well as being an authori
Download or read book The Oxford Handbook of Post Keynesian Economics Volume 2 written by Geoffrey Colin Harcourt and published by Oxford University Press, USA. This book was released on 2013-07 with total page 528 pages. Available in PDF, EPUB and Kindle. Book excerpt: These two volumes cover the principal areas to which Post-Keynesian economists have made distinctive contributions. The contents include the significant criticism by Post-Keynesians of mainstream economics, but the emphasis is on positive Post-Keynesian analysis of the economic problems of the modern world and of policies with which to tackle them.
Download or read book Roy Harrod written by Esteban Pérez Caldentey and published by Springer Nature. This book was released on 2019-09-10 with total page 455 pages. Available in PDF, EPUB and Kindle. Book excerpt: This landmark book describes and analyzes the original contributions Sir Roy Harrod made to fields including microeconomics, macroeconomics, international trade and finance, growth theory, trade cycle analysis and economic methodology. Harrod’s prolific writings reflect an astounding and unique intellectual capacity, and a wide range of interests. He became Keynes ́ biographer and wrote a volume on inductive logic. At the policy level, Harrod played a central role in the formulation of the Keynes ́ Clearing Union plan for international monetary reform. He also actively participated in British politics and government and gained recognition as an expert in the field of international economics. Yet, until now, Harrod has remained an underrated economist, commonly misunderstood and misrepresented. This is the first major intellectual biography of Harrod to be published.
Download or read book Conflict Demand and Economic Development written by Deepankar Basu and published by Taylor & Francis. This book was released on 2020-11-26 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a comprehensive overview of three key areas: heterodox macroeconomics, development economics and classical political economy. It offers an alternative macroeconomic framework to analyse policies with an emphasis on issues of equity and justice. With contributions by leading economists from across the world, it examines the growth and distribution of income; trade and finance in developing countries; classical political economy and Marxist theory; dualism in the US economy; economic crisis; and agrarian economy in poor countries. It explores themes such as the effect of an exogenous shock to wage share; Harrodian instability and Steindlian solutions; economics and politics of social democracy; the role of power in the macroeconomy; economic development through the promotion of domestic value chains; and reflections on primitive accumulation. Going beyond the neo-classical tradition, the volume opens up a new vista of economics by discussing unexplored questions. It provides a refreshing treatment of time-tested ideas as well as discussions of recent developments and current research. A major intervention in heterodox macroeconomics and a tribute to macroeconomist Amit Bhaduri, this book will be useful to scholars and researchers of economics, political economy, development studies, sociology, political science, public administration, economic theory, economic history, economic geography and critical studies, as well as professionals, economists and policymakers.
