Stability issues in Kaleckian models driven by autonomous demand growth - Harrodian instability and debt dynamics
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- Eckhard Hein & Ryan Woodgate, 2021. "Stability issues in Kaleckian models driven by autonomous demand growth—Harrodian instability and debt dynamics," Metroeconomica, Wiley Blackwell, vol. 72(2), pages 388-404, May.
- Eckhard Hein & Ryan Woodgate, 2020. "Stability issues in Kaleckian models driven by autonomous demand growth – Harrodian instability and debt dynamics," Working Papers PKWP2014, Post Keynesian Economics Society (PKES).
References listed on IDEAS
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Citations
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Cited by:
- Ryan Woodgate & Eckhard Hein & Ricardo Summa, 2024.
"Components of Autonomous Demand Growth and Financial Feedbacks: Implications for Growth Drivers and Growth Regime Analysis,"
Review of Political Economy, Taylor & Francis Journals, vol. 36(5), pages 1876-1893, November.
- Ryan Woodgate & Eckhard Hein & Ricardo Summa, 2023. "Components of autonomous demand growth and financial feedbacks: Implications for growth drivers and growth regime analysis," Working Papers PKWP2307, Post Keynesian Economics Society (PKES).
- Emboava Vaz, João, 2024. "Impacts of US interest rates on growth, income distribution, and macroeconomic policy space in developing countries: A SFC supermultiplier model," IPE Working Papers 228/2024, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
- Eckhard Hein & Judith Martschin, 2020.
"The Eurozone in Crisis — A Kaleckian Macroeconomic Regime and Policy Perspective,"
Review of Political Economy, Taylor & Francis Journals, vol. 32(4), pages 563-588, October.
- Hein, Eckhard & Martschin, Judith, 2020. "The Eurozone in crisis: A Kaleckian macroeconomic regime and policy perspective," IPE Working Papers 145/2020, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
- Jungmann, Benjamin, 2021. "Growth drivers in emerging capitalist economies before and after the Global Financial Crisis," IPE Working Papers 172/2021, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
- Benjamin Jungmann, 2023. "Growth drivers in emerging capitalist economies: building blocks for a post-Keynesian analysis and an empirical exploration of the years before and after the Global Financial Crisis," Review of Evolutionary Political Economy, Springer, vol. 4(2), pages 349-386, July.
- Morlin, Guilherme Spinato, 2022. "Growth led by government expenditure and exports: Public and external debt stability in a supermultiplier model," Structural Change and Economic Dynamics, Elsevier, vol. 62(C), pages 586-598.
- Hiroshi Nishi & Kazuhiro Okuma, 2023.
"Fiscal policy and social infrastructure provision under alternative growth and distribution regimes,"
Evolutionary and Institutional Economics Review, Springer, vol. 20(2), pages 259-286, September.
- Hiroshi Nishi & Kazuhiro Okuma, 2023. "Fiscal policy and social infrastructure provision under alternative growth and distribution regimes," Working Papers PKWP2304, Post Keynesian Economics Society (PKES).
- Guilherme Spinato Morlin & Nikolas Passos & Riccardo Pariboni, 2024.
"Growth Theory and the Growth Model Perspective: Insights from the Supermultiplier,"
Review of Political Economy, Taylor & Francis Journals, vol. 36(3), pages 1130-1155, July.
- Guilherme Spinato Morlin & Nikolas Passos & Riccardo Pariboni, 2021. "Growth theory and the growth model perspective: Insights from the supermultiplier," Department of Economics University of Siena 869, Department of Economics, University of Siena.
- Eckhard Hein & Valeria Jimenez, 2022.
"The macroeconomic implications of zero growth: a post-Keynesian approach,"
European Journal of Economics and Economic Policies: Intervention, Edward Elgar Publishing, vol. 19(1), pages 41-60, April.
- Hein, Eckhard & Jimenez, Valeria, 2021. "The macroeconomic implications of zero growth: A post-Keynesian approach," IPE Working Papers 169/2021, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
- Pedrosa, Ítalo & Brochier, Lídia & Freitas, Fabio, 2023. "Debt hierarchy: Autonomous demand composition, growth and indebtedness in a Supermultiplier model," Economic Modelling, Elsevier, vol. 126(C).
- Stephen Thompson, 2022. "“The total movement of this disorder is its order”: Investment and utilization dynamics in long‐run disequilibrium," Metroeconomica, Wiley Blackwell, vol. 73(2), pages 638-682, May.
- Allain, Olivier, 2022.
"A supermultiplier model with two non-capacity-generating semi-autonomous demand components,"
Structural Change and Economic Dynamics, Elsevier, vol. 63(C), pages 91-103.
- Olivier Allain, 2022. "A supermultiplier model with two non-capacity-generating semi-autonomous demand components," Post-Print hal-03887945, HAL.
- Olivier Allain, 2022. "A supermultiplier model with two non-capacity-generating semi-autonomous demand components," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-03887945, HAL.
- Ianni, Juan Martin, 2024. "Macroeconomic policy regimes and demand and growth regimes in emerging market economies: the case of Argentina," Nülan. Deposited Documents 4076, Universidad Nacional de Mar del Plata, Facultad de Ciencias Económicas y Sociales, Centro de Documentación.
- Joana David Avritzer & Lídia Brochier, 2022. "Household credit-financed consumption and the debt service ratio: tackling endogenous autonomous demand in the Supermultiplier model," Working Papers PKWP2219, Post Keynesian Economics Society (PKES).
- Jimenez, Valeria, 2023. "Labour market stability in a zero-growth economy," IPE Working Papers 211/2023, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
- Hiroshi Nishi & Kazuhiro Okuma, 2023. "Social common capital accumulation and fiscal sustainability in a wage-led growth economy," Working Papers PKWP2305, Post Keynesian Economics Society (PKES).
- Eckhard Hein & Franz Prante & Alessandro Bramucci, 2023. "Demand and growth regimes in finance-dominated capitalism and a progressive equality-, sustainability- and domestic demand-led alternative: A post-Keynesian simulation approach," PSL Quarterly Review, Economia civile, vol. 76(305), pages 181-202.
- Di Bucchianico, Stefano, 2021. "Inequality, household debt, ageing and bubbles: A model of demand-side Secular Stagnation," IPE Working Papers 160/2021, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
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More about this item
Keywords
Supermultiplier; autonomous demand growth; Kaleckian models; Harrodian instability; financial (in)stability;All these keywords.
JEL classification:
- E11 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Marxian; Sraffian; Kaleckian
- E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory
- E25 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Aggregate Factor Income Distribution
- E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
NEP fields
This paper has been announced in the following NEP Reports:- NEP-MAC-2021-03-15 (Macroeconomics)
- NEP-PKE-2021-03-15 (Post Keynesian Economics)
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