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Distribution and Growth after Keynes

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  • Eckhard Hein

Abstract

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 controversy critique, the post-Keynesian contributions of Kaldor, Pasinetti, Thirlwall and Robinson, and finally the approaches by Kalecki and Steindl. In the second part of the book neo- and post-Kaleckian models are gradually developed, introducing saving from wages, international trade, technological progress, interest and credit. Issues of ‘financialisation’ are also explored and empirical results related to the different models are presented.

Individual chapters are listed in the "Chapters" tab

Suggested Citation

  • Eckhard Hein, 2014. "Distribution and Growth after Keynes," Books, Edward Elgar Publishing, number 15903.
  • Handle: RePEc:elg:eebook:15903
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    References listed on IDEAS

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    1. Wolff, Edward N, 1991. "Capital Formation and Productivity Convergence over the Long Term," American Economic Review, American Economic Association, vol. 81(3), pages 565-579, June.
    2. Mark Setterfield (ed.), 2006. "Complexity, Endogenous Money and Macroeconomic Theory," Books, Edward Elgar Publishing, number 3552.
    3. L. R. Wray, 1990. "Money and Credit in Capitalist Economies," Books, Edward Elgar Publishing, number 474.
    4. Wray, L Randall, 1992. "Alternative Theories of the Rate of Interest," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 16(1), pages 69-89, March.
    5. L. Randall Wray, 1995. "Keynesian Monetary Theory: Liquidity Preference or Black Box Horizontalism?," Journal of Economic Issues, Taylor & Francis Journals, vol. 29(1), pages 273-282, March.
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