Long-run convergence in a neo-Kaleckian open-economy model with autonomous export growth
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DOI: 10.1080/01603477.2016.1262745
Abstract: ABSTRACT This study combines a neo-Kaleckian growth and distribution model with a sort of Sraffian supermultiplier mechanism in which autonomous demand is driven by foreign exports. Short-, medium- and long-run equilibria are considered. In the… read more here.
Keywords: open economy; neo kaleckian; model; growth ... See more keywords
Inequality and growth in neo-Kaleckian and Cambridge growth theory
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DOI: 10.4337/roke.2017.02.02
Abstract: This paper examines the relationship between inequality and growth in the neo-Kaleckian and Cambridge growth models. The paper explores the channels whereby functional and personal income distribution impact growth. The growth - inequality relationship can… read more here.
Keywords: neo kaleckian; kaleckian cambridge; inequality; cambridge growth ... See more keywords