Arbeitspapier
Inequality and growth: Marxian and post-Keynesian/Kaleckian perspectives on distribution and growth regimes before and after the Great Recession
The re-distribution of income from labour to capital, from workers to top-managers, and from low income households to the rich has been an important feature of financedominated capitalism since the early 1980s. After the Great Financial Crisis and the Great Recession in 2007-9, the recovery has been sluggish so far, and this has given rise to a renewed discussion about stagnation tendencies in capitalist economies. In orthodox approaches income distribution only has a restricted role to play, if at all, but the interaction between distribution and growth is at the centre of Marxian and post-Keynesian/Kaleckian approaches when it comes to explaining medium- to long-run trends of economic growth - and stagnation. In this contribution we will thus provide Marxian and Kaleckian assessments of the distribution and growth regimes under finance-dominated capitalism, both before and after the recent crisis. Finally, we also sketch an interpretation of stagnation tendencies in a demand-led endogenous growth model with Kaleckian, Kaldorian and Marxian features.
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Paper ; No. 96/2018
- Klassifikation
-
Wirtschaft
General Aggregative Models: Marxian; Sraffian; Kaleckian
Macroeconomics: Consumption; Saving; Wealth
Investment; Capital; Intangible Capital; Capacity
Aggregate Factor Income Distribution
Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General
Economic Growth of Open Economies
Economic Impacts of Globalization: Macroeconomic Impacts
Economic Growth and Aggregate Productivity: General
- Thema
-
distribution
growth
financialisation
stagnation
macroeconomic demand and growth regimes
productivity growth
Kaleckian models
Marxian models
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Hein, Eckhard
- Ereignis
-
Veröffentlichung
- (wer)
-
Hochschule für Wirtschaft und Recht Berlin, Institute for International Political Economy (IPE)
- (wo)
-
Berlin
- (wann)
-
2018
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Hein, Eckhard
- Hochschule für Wirtschaft und Recht Berlin, Institute for International Political Economy (IPE)
Entstanden
- 2018
Ähnliche Objekte (12)
Autonomous government expenditure growth, deficits, debt and distribution in a neo-Kaleckian growth model
'Financialisation' in Kaleckian/Post-Kaleckian models of distribution and growth
On the (in-)stability and the endogeneity of the "normal" rate of capacity utilisation in a post-Keynesian/Kaleckian "monetary" distribution and growth model
Financialisation', distribution, capital accumulation and productivity growth in a Post-Kaleckian model
Varieties of demand and growth regimes: Post-Keynesian foundations
Varieties of demand and growth regimes – post-Keynesian foundations
Financialisation in a comparative static, stock-flow consistent Post-Kaleckian distribution and growth model
Finance-dominated capitalism, re-distribution, household debt and financial fragility in a Kaleckian distribution and growth model
Gender issues in Kaleckian distribution and growth models: On the macroeconomics of the gender wage gap
Functional distribution and wage inequality in recent Kaleckian growth models
Wage bargaining and monetary policy in a Kaleckian monetary distribution and growth model: trying to make sense of the NAIRU
Wage Bargaining and Monetary Policy in a Kaleckian Monetary Distribution and Growth Model: Trying to Make Sense of the NAIRU
Autonomous government expenditure growth, deficits, debt and distribution in a neo-Kaleckian growth model
'Financialisation' in Kaleckian/Post-Kaleckian models of distribution and growth
On the (in-)stability and the endogeneity of the "normal" rate of capacity utilisation in a post-Keynesian/Kaleckian "monetary" distribution and growth model
Financialisation', distribution, capital accumulation and productivity growth in a Post-Kaleckian model
Varieties of demand and growth regimes: Post-Keynesian foundations
Varieties of demand and growth regimes – post-Keynesian foundations
Financialisation in a comparative static, stock-flow consistent Post-Kaleckian distribution and growth model
Finance-dominated capitalism, re-distribution, household debt and financial fragility in a Kaleckian distribution and growth model
Gender issues in Kaleckian distribution and growth models: On the macroeconomics of the gender wage gap
Functional distribution and wage inequality in recent Kaleckian growth models
Wage bargaining and monetary policy in a Kaleckian monetary distribution and growth model: trying to make sense of the NAIRU
Wage Bargaining and Monetary Policy in a Kaleckian Monetary Distribution and Growth Model: Trying to Make Sense of the NAIRU
Autonomous government expenditure growth, deficits, debt and distribution in a neo-Kaleckian growth model
'Financialisation' in Kaleckian/Post-Kaleckian models of distribution and growth
On the (in-)stability and the endogeneity of the "normal" rate of capacity utilisation in a post-Keynesian/Kaleckian "monetary" distribution and growth model
Financialisation', distribution, capital accumulation and productivity growth in a Post-Kaleckian model
Varieties of demand and growth regimes: Post-Keynesian foundations
Varieties of demand and growth regimes – post-Keynesian foundations
Financialisation in a comparative static, stock-flow consistent Post-Kaleckian distribution and growth model
Finance-dominated capitalism, re-distribution, household debt and financial fragility in a Kaleckian distribution and growth model
Gender issues in Kaleckian distribution and growth models: On the macroeconomics of the gender wage gap
Functional distribution and wage inequality in recent Kaleckian growth models
Wage bargaining and monetary policy in a Kaleckian monetary distribution and growth model: trying to make sense of the NAIRU