Kaldor S Growth And Distribution Theory
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Kaldor S Growth And Distribution Theory
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Author : Peter Skott
language : en
Publisher: Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften
Release Date : 1989
Kaldor S Growth And Distribution Theory written by Peter Skott and has been published by Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989 with Business & Economics categories.
Kaldor is probably best known for his contributions to the theories of growth and distribution. Uncertainty, imperfect competition and a recognition of the central importance of firms' investment and finance decisions characterize his analysis in this area and he also developed a first attempt to endogenize the factors behind technical progress. In this book it is shown that although Kaldor's theory of growth and distribution has weaknesses there is much to be learned from a critical but sympathetic examination of his explanation of the stylised facts of long term growth in capitalist economies.
A Kaldor Hicks Goodwin Tobin Kalecki Model Of Growth And Distribution
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Author : Thomas I. Palley
language : en
Publisher:
Release Date : 2013
A Kaldor Hicks Goodwin Tobin Kalecki Model Of Growth And Distribution written by Thomas I. Palley and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with categories.
This paper presents a Kaldorian model of growth that incorporates both Kaldor's theory of income distribution and his endogenous technical progress function. Growth is driven by demand-side forces that induce supply-side accommodation. The model incorporates Hicksian induced innovation; Goodwin Marxist style labor conflict that affects wage bill division between workers and managers; Tobin inflation effects; and Kalecki monopoly power effects. Unlike the neo-Kaleckian model, a Kaldorian economy operates at normal capacity utilization. Monopoly power plays a role as a barrier to entry rather than determining the functional distribution of income.
Rate Of Profit Distribution And Growth
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Author : J.A. Kregel
language : en
Publisher: Routledge
Release Date : 2017-09-05
Rate Of Profit Distribution And Growth written by J.A. Kregel and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-09-05 with Business & Economics categories.
A controversy among economists has raged in the pages of professional journals for the last decade. The debate concerns capital theory and distribution theory, as well as interpretation of models of long-run economic growth. This book is an attempt to integrate recent developments in capital theory and show their implications for models of long-run economic growth in mature capitalistic countries.This book first presents the von Neumann model and outlines its classical approach to the rate of profits and distribution. Sraffa's resolution of the value-price transformation problem is then presented and compared with Samuelson's ""Surrogate Production Function"". With the results of this comparison and the delineation of the special case in which the ""Surrogate"" is valid, several existing models of growth are set out in two representative groups.Neoclassical models form the first group. These are defined by their reliance on marginal theory to determine factor prices, the rate of profit and therefore distribution via the perfectly differentiable production function. Models of Meade, Tobin, Solow, and Samuelson- Modigliani are outlined and analyzed for their treatment and distribution and profits theory. The second group is comprised of models within the strict Keynesian tradition. The basic groundwork of these models as found in the work of Keynes and Kalecki is first cited. The Keynesian models are characterized by their assumption that the investment decision is totally independent of savings decisions in the economy. The models of Harrod, Kaldor, Pasinetti and Joan Robinson are presented and their method of approach to the rate of profits and distribution is analyzed.The concluding chapter focuses on some criticisms brought against the Keynesian models and offers some generalized formulations to deal with these neoclassical objections. General conclusions follow the treatment of each representative group and author.
Theories Of Income Distribution
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Author : Athanasios Asimakopulos
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Theories Of Income Distribution written by Athanasios Asimakopulos and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
This book brings together the work of scholars who have written for it independent essays in their areas of particular expertise in the general field of income distribution. The first eight chapters provide a review of the major theories of income distribution, while the final two are con cerned with problems of empirical estimates and inferences. One of these chapters presents estimates of factor shares in national income in the United States, the United Kingdom and Canada, while the other ex amines how relationships between the size distribution of income and economic development are being investigated. A convenient way of conveying an understanding of how economic theorists have dealt with the distribution of income is to examine separ ately each major approach to this subject. Each contributor was thus assigned a particular approach, or a major theorist. No attempt was made to avoid the apparent duplication that occurs when the same references are examined by different contributors. The reader gains by seeing how the same material can be treated by those looking at it from different perspectives. A chapter each has been devoted to Marx and Marshall.
Essays On Keynesian And Kaldorian Economics
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Author : A. Thirlwall
language : en
Publisher: Palgrave Macmillan
Release Date : 2014-01-14
Essays On Keynesian And Kaldorian Economics written by A. Thirlwall and has been published by Palgrave Macmillan this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-01-14 with Business & Economics categories.
This volume of essays contains 16 papers the author has written over the last 40 years on various aspects of the life and work of John Maynard Keynes and Nicholas Kaldor. It covers both theoretical and applied topics and highlight the continued relevance of Keynesian and Kaldorian ideas for understanding the functioning of capitalist economies.
Profits Wages And Productivity In The Business Cycle
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Author : Mitsuhiko Iyoda
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Profits Wages And Productivity In The Business Cycle written by Mitsuhiko Iyoda and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
The purpose of this book is to explain the changes in specific macroeconomic variables such as the relative share of labour, the profit rate and the real wage rate in advanced capitalist economies, in relation to the influence of the business cycle in income distribution. To explain these changes the author examines three types of theory - Kaldorian theory, the Real Business Cycle theory, and the new Keynesian theory - with a specific focus on Kaldor's approach.
Growth And Distribution
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Author : W.A. Eltis
language : en
Publisher: Springer
Release Date : 1973-06-18
Growth And Distribution written by W.A. Eltis and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1973-06-18 with Business & Economics categories.
Nicholas Kaldor And Mainstream Economics
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Author : Edward J. Nell
language : en
Publisher: Springer
Release Date : 1991-06-18
Nicholas Kaldor And Mainstream Economics written by Edward J. Nell and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991-06-18 with Business & Economics categories.
An examination of the role of Nicholas Kaldor within economics. Topics covered range from Kaldor's discovery of the Von Neumann input-output model, to cyclical growth in a Kaldorian model, to Nicholas Kaldor as advocate of commodity reserve currency.
An Examination Of Kaldor S Growth And Distribution Models 1956 1966
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Author : Peter Skott
language : en
Publisher:
Release Date : 1981
An Examination Of Kaldor S Growth And Distribution Models 1956 1966 written by Peter Skott and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1981 with categories.
The Distribution Of The Product
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Author : John Craven
language : en
Publisher: Taylor & Francis
Release Date : 2021-11-21
The Distribution Of The Product written by John Craven and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-11-21 with Business & Economics categories.
Originally published in 1979, the purpose of this book is to introduce a theory of the distribution of national income between wages, profits and other categories of income. The relation between this branch of distribution theory and other areas of economics is explained in the Introduction. The first six chapters are designed to introduce distribution theory to students of intermediate economic principles. The reader should be familiar with the basic analysis of supply, demand and market equilibrium, and with the use of indifference curves to represent a consumer’s preferences. The remaining seven chapters discuss developments of the theory introduced in the first six.