Does the demand regime matter over the medium run? Revisiting distributional issues in a portfolio framework under different exchange rate regimes
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Keywords
Demand regime; wage-led growth; stagnationism; exhilarationism; neo-Kaleckian models; portfolio balance model; wealth effects;All these keywords.
JEL classification:
- F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements
- F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
- E25 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Aggregate Factor Income Distribution
- E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
- E64 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Incomes Policy; Price Policy
NEP fields
This paper has been announced in the following NEP Reports:- NEP-MAC-2015-07-04 (Macroeconomics)
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