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Growth and distribution: the Kaleckian perspective

In: Inequality, Growth and ‘Hot’ Money

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Abstract

The chapter reviews the developments, criticisms, extensions and empirical applications of the Kaleckian model of growth and distribution. The chapter also includes an empirical estimation of different versions of the Kaleckian growth model for Argentina. Results show that the Argentine economy can be characterized as being wage-led, questioning the rationale for austerity and regressive redistributive policies as a mean to stimulate economic growth.

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  • ., 2016. "Growth and distribution: the Kaleckian perspective," Chapters, in: Inequality, Growth and ‘Hot’ Money, chapter 3, pages 31-73, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:16277_3
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    Cited by:

    1. Stahl, B.C. & Andreou, A. & Brey, P. & Hatzakis, T. & Kirichenko, A. & Macnish, K. & Laulhé Shaelou, S. & Patel, A. & Ryan, M. & Wright, D., 2021. "Artificial intelligence for human flourishing – Beyond principles for machine learning," Journal of Business Research, Elsevier, vol. 124(C), pages 374-388.
    2. Shafiullah, Md & Rahman, Syed Masiur & Mortoja, Md. Golam & Al-Ramadan, Baqer, 2016. "Role of spatial analysis technology in power system industry: An overview," Renewable and Sustainable Energy Reviews, Elsevier, vol. 66(C), pages 584-595.

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    Keywords

    Economics and Finance;

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