Journal ArticleDOI
Kaleckian growth theory: an introduction
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This article is published in Metroeconomica.The article was published on 2012-02-01. It has received 9 citations till now.read more
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The Kaleckian Model of Growth and Distribution and its Neo-Ricardian and Neo-Marxian Critiques
Beáta Barbocz,Marc Lavoie +1 more
TL;DR: The authors analyzes the newer Kaleckian models of growth and distribution and the criticisms that have been addressed to them by neo-Marxian and neo-Ricardian authors.
Journal ArticleDOI
Towards post-Keynesian ecological macroeconomics
TL;DR: In this paper, the authors argue that economic growth is a double-edged sword, which can help to alleviate persistent levels of high unemployment, but it can also lead to potentially catastrophic environmental problems.
Dissertation
Australian water security and Asian food security: complexity and macroeconomics of sustainability
TL;DR: In this article, the authors focus on the macroeconomics of sustainable development and the extension to energy, water and food security, using a system dynamics approach, i.e. the methods of differential equations systems with initial values.
Journal ArticleDOI
Fiscal Policy, Unemployment Insurance, and Financial Crises in a Model of Growth And Distribution
TL;DR: In this paper, the authors use a two-dimensional (2D) and five dimensional (5D) heterodox model to study the dynamics of a financial crisis followed by a move to fiscal austerity.
Journal ArticleDOI
Fiscal Policy, Chartal Money, Mark‐up Dynamics and Unemployment Insurance in a Model of Growth and Distribution
TL;DR: In this paper, an output-stabilization rule for the provision of public services turns a Kaldor-Kalecki-Steindl growth model with unstable, catastrophe-prone dynamics into one with a stable limit cycle.
References
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Journal ArticleDOI
Unemployment and the real wage: the economic basis for contesting political ideologies
Amit Bhaduri,Stephen A. Marglin +1 more
TL;DR: Using the Keynesian theory of effective demand, the authors demonstrates how particular models such as that of "cooperative capitalism" enunciated by the left Keynesian social democrats, the Marxian model of "profit squeeze" emphasizing distributive conflict, and even the conservative model relying on "supply side" stimulus fit in as particular variants of a more general theoretical scheme through a reconstruction of the familiar IS schedule.
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Stagnation, income distribution and monopoly power
TL;DR: In this paper, the authors examined the inter-action between growth and income distribution in an underdeveloped economy with the help of a simple macroeconomic model and showed that a bad income distribution could explain stagnation in the sense of reduced growth.
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The Life of John Maynard Keynes
TL;DR: The Life of John Maynard Keynes as mentioned in this paper is a detailed and revealing account of the life of the British economist and author of the "Keynes Plan" for an international clearing union, followed by his participation at Bretton Woods and his activity in negotiating the United States loan to Britain.
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International competition, income distribution and economic growth
TL;DR: In this paper, the authors show that if the economy is relatively open to trade and price elasticities satisfy certain restrictions, the worsening of the trade balance more than outweighs the increase in workers' consumption, thus reducing the growth rate.