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Pasinetti on Post-Keynesian Income Distribution and Growth Theory: Further Developments

In: Luigi L. Pasinetti: An Intellectual Biography

Author

Listed:
  • Mauro L. Baranzini

    (University of Lugano)

  • Amalia Mirante

    (University of Applied Sciences of Southern Switzerland and University of Lugano)

Abstract

The second ‘Two-Cambridges controversy’, on income distribution, over the last 60 years has generated a stream of 400 contributions, continuing even today (for instance, sparked off in 2014 by Piketty). Baranzini and Mirante investigate nine related lines of research, as (1) the introduction of a different rate of return on wealth, (2) the introduction of money and financial constraints, (3) the introduction of the public sector, (4) the inclusion of other socio-economic classes and class struggle, (5) the introduction of the micro-foundations, (6) the analysis of the long-term distribution of wealth and of the income share of classes, (7) overlapping generations models cum inter-generational transmission of wealth, (8) the applicability of the Meade-Samuelson and Modigliani’s Anti-Pasinetti Theorem and (9) the extension towards an Islamic macro-model of distribution.

Suggested Citation

  • Mauro L. Baranzini & Amalia Mirante, 2018. "Pasinetti on Post-Keynesian Income Distribution and Growth Theory: Further Developments," Palgrave Studies in the History of Economic Thought, in: Luigi L. Pasinetti: An Intellectual Biography, chapter 7, pages 177-224, Palgrave Macmillan.
    • Handle: RePEc:pal:pshchp:978-3-319-71072-3_7
    DOI: 10.1007/978-3-319-71072-3_7
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