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Conspicuous consumption, inequality and debt: The nature of consumption-driven profit-led regimes
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Cited by:
- Fierro, Luca Eduardo & Giri, Federico & Russo, Alberto, 2023.
"Inequality-constrained monetary policy in a financialized economy,"
Journal of Economic Behavior & Organization, Elsevier, vol. 216(C), pages 366-385.
- Fierro, Luca Eduardo & Giri, Federico & Russo, Alberto, 2022. "Inequality-Constrained Monetary Policy in a Financialized Economy," MPRA Paper 115741, University Library of Munich, Germany.
- Luca Eduardo Fierro & Federico Giri & Alberto Russo, 2023. "Inequality-Constrained Monetary Policy in a Financialized Economy," Working Papers 2023/02, Economics Department, Universitat Jaume I, Castellón (Spain).
- Luca Eduardo Fierro & Federico Giri & Alberto Russo, 2023. "Inequality-Constrained Monetary Policy in a Financialized Economy," LEM Papers Series 2023/05, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
- Luca Eduardo Fierro & Federico Giri & Alberto Russo, 2023. "Inequality-Constrained Monetary Policy in a Financialized Economy," Working Papers 474, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
- Juhro, Solikin M. & Iyke, Bernard Njindan, 2020. "Consumer confidence and consumption expenditure in Indonesia," Economic Modelling, Elsevier, vol. 89(C), pages 367-377.
- Gilberto Tadeu Lima & Laura Barbosa de Carvalho & Gustavo Pereira Serra, 2024. "Human Capital Accumulation and Output Growth in Demand-led Macrodynamics," Working Papers, Department of Economics 2024_23, University of São Paulo (FEA-USP), revised 28 Aug 2024.
- Karsten Kohler & Benjamin Tippet & Engelbert Stockhammer, 2023.
"House price cycles, housing systems, and growth models,"
European Journal of Economics and Economic Policies: Intervention, Edward Elgar Publishing, vol. 20(3), pages 461-490, December.
- Kohler, Karsten & Tippet, Ben & Stockhammer, Engelbert, 2022. "House price cycles, housing systems, and growth models," IPE Working Papers 194/2022, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
- Pintu Parui, 2022.
"Corporate debt, endogenous dividend rate, instability and growth,"
Metroeconomica, Wiley Blackwell, vol. 73(2), pages 514-549, May.
- Parui, Pintu, 2020. "Corporate Debt, Endogenous Dividend Rate, Instability and Growth," MPRA Paper 102724, University Library of Munich, Germany.
- Hanna Karolina Szymborska, 2022.
"Rethinking inequality in the 21st century – inequality and household balance sheet composition in financialized economies,"
Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 45(1), pages 24-72, January.
- Szymborska, Hanna Karolina, 2020. "Rethinking inequality in the 21st century – inequality and household balance sheet composition in financialized economies," CAFE Working Papers 3, Centre for Accountancy, Finance and Economics (CAFE), Birmingham City Business School, Birmingham City University.
- Hein, Eckhard & van Treeck, Till, 2024. "Financialisation and demand and growth regimes: A review of post-Keynesian contributions," ifso working paper series 32, University of Duisburg-Essen, Institute for Socioeconomics (ifso).
- Mark Setterfield & Yun K. Kim, 2016. "Household Borrowing and the Possibility of ``Consumption-Driven, Profit-Led Growth’’," Working Papers 2016_01, University of Massachusetts Boston, Economics Department.
- Pintu Parui, 2023.
"Worker household debt, functional income distribution and growth: A neo‐Kaleckian perspective,"
Metroeconomica, Wiley Blackwell, vol. 74(2), pages 446-476, May.
- Parui, Pintu, 2020. "Worker Household Debt, Functional Income Distribution and Growth: a neo-Kaleckian Perspective," MPRA Paper 102384, University Library of Munich, Germany.
- Christian A Belabed & Thomas Theobald & Till van Treeck, 2018.
"Income distribution and current account imbalances [Notes on capacity utilisation, distribution and accumulation],"
Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 42(1), pages 47-94.
- Christian A. Belabed & Thomas Theobald & Till van Treeck, 2013. "Income Distribution and Current Account Imbalances," IMK Working Paper 126-2013, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
- Theobald, Thomas & Belabed, Christian A., 2014. "Income Distribution and Current Account Imbalances," VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy 100371, Verein für Socialpolitik / German Economic Association.
- Roberto Veneziani & Luca Zamparelli & Maria Nikolaidi & Engelbert Stockhammer, 2017.
"Minsky Models: A Structured Survey,"
Journal of Economic Surveys, Wiley Blackwell, vol. 31(5), pages 1304-1331, December.
- Maria Nikolaidi & Engelbert Stockhammer, 2017. "Minsky models: A structured survey," Working Papers PKWP1706, Post Keynesian Economics Society (PKES).
- Nikolaidi, Maria & Stockhammer, Engelbert, 2017. "Minsky models: a structured survey," Greenwich Papers in Political Economy 17448, University of Greenwich, Greenwich Political Economy Research Centre.
- Nikolaidi, Maria & Stockhammer, Engelbert, 2017. "Minsky models: a structured survey," Greenwich Papers in Political Economy 17739, University of Greenwich, Greenwich Political Economy Research Centre.
- José Luis Oreiro & Carmem Aparecida Feijó & Lionelo Franco Punzo & João Pedro Heringer Machado, 2021. "Peripherical Financialization and Premature Deindustrialization: A Theory and the Case of Brazil (2003-2015)," Working Papers PKWP2027, Post Keynesian Economics Society (PKES).
- Mark Setterfield & Y.K. Kim, 2024.
"How financially fragile can households become? Household borrowing, the welfare state, and macroeconomic resilience,"
Review of Evolutionary Political Economy, Springer, vol. 5(1), pages 121-151, June.
- Mark Setterfield & Y.K. Kim, 2022. "How Financially Fragile can Households Become? Household Borrowing, the Welfare State, and Macroeconomic Resilience," Working Papers 2210, New School for Social Research, Department of Economics.
- Mark Setterfield & YK Kim, 2022. "How Financially Fragile can Households Become? Household Borrowing, the Welfare State, and Macroeconomic Resilienc," Working Papers 2022-02, University of Massachusetts Boston, Economics Department.
- Bruno Jetin & Ozan Ekin Kurt, 2016.
"Functional income distribution and growth in Thailand: A post Keynesian econometric analysis,"
Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 39(3), pages 334-360, July.
- Bruno Jetin & Ozan Ekin Kurt, 2016. "Functional income distribution and growth in Thailand: A post Keynesian econometric analysis," Post-Print hal-01484216, HAL.
- Franz J. Prante, 2018.
"Macroeconomic Effects of Personal and Functional Income Inequality: Theory and Empirical Evidence for the US and Germany,"
Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 65(3), pages 289-318.
- Prante, Franz J., 2017. "Macroeconomic effects of personal and functional income inequality: Theory and empirical evidence for the US and Germany," IPE Working Papers 83/2017, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
- Clara Zanon Brenck, 2022. "Inequality, Debt Dynamics and the Incidence of Tax Rates: Addressing Macroeconomic Instability in a Post Keynesian Model," Working Papers 2212, New School for Social Research, Department of Economics.
- Yun K. Kim, 2017. "Rise of Household Debt and the Great Recession in the US: Comparative Perspectives," Working Papers 2017_03, University of Massachusetts Boston, Economics Department.
- Tonni, Lorenzo, 2021.
"Personal income distribution and the endogeneity of the demand regime,"
MPRA Paper
108298, University Library of Munich, Germany.
- Lorenzo Tonni, 2021. "Personal income distribution and the endogeneity of the demand regime," Working Papers 9/21, Sapienza University of Rome, DISS.
- Tonni, Lorenzo, 2021. "Personal income distribution and the endogeneity of the demand regime," MPRA Paper 114585, University Library of Munich, Germany, revised 15 Sep 2022.
- Bernard Njindan Iyke & Sin‐Yu Ho, 2020.
"Consumption and exchange rate uncertainty: Evidence from selected Asian countries,"
The World Economy, Wiley Blackwell, vol. 43(9), pages 2437-2462, September.
- Ho, Sin-Yu & Njindan Iyke, Bernard, 2017. "Consumption and Exchange Rate Uncertainty: Evidence from Selected Asian Countries," MPRA Paper 80096, University Library of Munich, Germany.
- Setterfield, Mark & Kim, Yun K., 2016.
"Debt servicing, aggregate consumption, and growth,"
Structural Change and Economic Dynamics, Elsevier, vol. 36(C), pages 22-33.
- Mark Setterfield & Yun Kim, 2013. "Debt Servicing, Aggregate Consumption, and Growth," Working Papers 1316, Trinity College, Department of Economics.
- Mark Setterfield & Yun K. Kim, 2015. "Debt Servicing, Aggregate Consumption, and Growth," Working Papers Series 30, Institute for New Economic Thinking.
- Mark SetterfieldY & Yun K. Kim, 2014. "Debt Servicing, Aggregate Consumption, and Growth," Working Papers 2014_10, University of Massachusetts Boston, Economics Department.
- Mark Setterfield & Yun K. Kim, 2017.
"Household borrowing and the possibility of 'consumption-driven, profit-led growth',"
Review of Keynesian Economics, Edward Elgar Publishing, vol. 5(1), pages 43-60, January.
- Mark Setterfield & Yun K. Kim, 2016. "Household Borrowing and the Possibility of “Consumption-Driven, Profit-Led Growth"," Working Papers 1601, New School for Social Research, Department of Economics.
- Mark Setterfield & Yun K. Kim, 2016. "Household Borrowing and the Possibility of Consumption- Driven, Profit-Led Growth," Working Papers Series 39, Institute for New Economic Thinking.
- W. Robert Brazelton, 2019. "Constant Full Employment Growth: The Economic Analysis and Policies of Leon Hirsch Keyserling, Council of Economic Advisors – The Truman Era and Beyond," The American Economist, Sage Publications, vol. 64(1), pages 82-94, March.
- Pasquale Tridico & Riccardo Pariboni, 2018.
"Inequality, financialization, and economic decline,"
Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 41(2), pages 236-259, April.
- Pasquale Tridico & Riccardo Pariboni, 2016. "Inequality, financialisation and economic decline," Departmental Working Papers of Economics - University 'Roma Tre' 0211, Department of Economics - University Roma Tre.
- Mark Setterfield, 2024. "The Kalecki-Robinson Tradition in Post-Keynesian Growth Theory," Working Papers 2402, New School for Social Research, Department of Economics.
- Bashir Ahmad Joo & Simtiha Ishaq Mir, 2024. "Evolution of the Household Debt Narrative: A PRISMA-compliant Systematic Literature Review," Paradigm, , vol. 28(1), pages 84-100, June.
- Rengs, Bernhard & Scholz-Wäckerle, Manuel & van den Bergh, Jeroen, 2020. "Evolutionary macroeconomic assessment of employment and innovation impacts of climate policy packages," Journal of Economic Behavior & Organization, Elsevier, vol. 169(C), pages 332-368.
- Correa, Romar, 2014. "Conflict in the wage-led growth model," Economics Discussion Papers 2014-41, Kiel Institute for the World Economy (IfW Kiel).
- Laura Barbosa de Carvalho & Gilberto Tadeu Lima & Gustavo Pereira Serra, 2024.
"Household debt, knowledge capital accumulation, and macrodynamic performance,"
Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 47(1), pages 84-116, January.
- Laura Barbosa de Carvalho & Gilberto Tadeu Lima & Gustavo Pereira Serra, 2022. "Household Debt, Knowledge Capital Accumulation and Macrodynamic Performance," Working Papers, Department of Economics 2022_23, University of São Paulo (FEA-USP), revised 05 Dec 2022.
- Parui, Pintu, 2021.
"Financialization and endogenous technological change: A post-Kaleckian perspective,"
Structural Change and Economic Dynamics, Elsevier, vol. 58(C), pages 221-244.
- Parui, Pintu, 2018. "Financialization and Endogenous Technological Change: a Post-Kaleckian Perspective," MPRA Paper 89351, University Library of Munich, Germany.
- Parui, Pintu, 2018. "Financialization and Endogenous Technological Change: a Post-Kaleckian Perspective," MPRA Paper 100758, University Library of Munich, Germany, revised 02 Apr 2020.
- Gustavo Pereira Serra, 2023.
"Household debt, student loan forgiveness, and human capital investment: a neo-Kaleckian approach,"
Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 46(1), pages 173-206, January.
- Gustavo Pereira Serra, 2021. "Household Debt, Student Loan Forgiveness, and Human Capital Investment: a neo-Kaleckian Approach," Working Papers 2112, New School for Social Research, Department of Economics.
- Hein, Eckhard & Prante, Franz, 2018. "Functional distribution and wage inequality in recent Kaleckian growth models," IPE Working Papers 110/2018, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
- Yun K. Kim, 2016. "Macroeconomic effects of household debt: an empirical analysis," Review of Keynesian Economics, Edward Elgar Publishing, vol. 4(2), pages 127-150, April.
- Ying’ai Piao & Meiru Li & Hongyuan Sun & Ying Yang, 2023. "Income Inequality, Household Debt, and Consumption Growth in the United States," Sustainability, MDPI, vol. 15(5), pages 1-13, February.
- 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.
- Cem Oyvat & Oğuz Öztunalı & Ceyhun Elgin, 2020.
"Wage‐led versus profit‐led demand: A comprehensive empirical analysis,"
Metroeconomica, Wiley Blackwell, vol. 71(3), pages 458-486, July.
- Oyvat, Cem & Öztunalı, Oğuz & Elgin, Ceyhun, 2020. "Wage‐led versus profit‐led demand: a comprehensive empirical analysis," Greenwich Papers in Political Economy 27870, University of Greenwich, Greenwich Political Economy Research Centre.
- Rengs, Bernhard & Scholz-Waeckerle, Manuel, 2017. "Consumption & Class in Evolutionary Macroeconomics," MPRA Paper 80021, University Library of Munich, Germany.
- Eckhard Hein, 2017.
"Post-Keynesian macroeconomics since the mid 1990s: main developments,"
European Journal of Economics and Economic Policies: Intervention, Edward Elgar Publishing, vol. 14(2), pages 131-172, September.
- Hein, Eckhard, 2016. "Post-Keynesian macroeconomics since the mid-1990s: Main developments," IPE Working Papers 75/2016, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
- Eckhard Hein, 2017. "Post-Keynesian macroeconomics since the mid-1990s - main developments," FMM Working Paper 01-2017, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
- Claudius Graebner-Radkowitsch & Anna Hornykewycz & Bernhard Schuetz, 2022. "The emergence of debt and secular stagnation in an unequal society: a stockflow consistent agent-based approach," ICAE Working Papers 135, Johannes Kepler University, Institute for Comprehensive Analysis of the Economy.
- Jan Behringer & Till van Treeck, 2013.
"Income distribution and current account: A sectoral perspective,"
IMK Working Paper
125-2013, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
- van Treeck, Till & Behringer, Jan, 2014. "Income Distribution and Current Account: A Sectoral Perspective," VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy 100296, Verein für Socialpolitik / German Economic Association.
- Jan Behringer & Till van Treeck, 2015. "Income distribution and the current account: a sectoral perspective," Working Papers 379, ECINEQ, Society for the Study of Economic Inequality.
- Brochier, Lidia & Macedo e Silva, Antonio Carlos, 2017. "The Macroeconomic Implications of Consumption: State-of-Art and Prospects for the Heterodox Future Research," MPRA Paper 92672, University Library of Munich, Germany.
- Bernhard Rengs & Manuel Scholz-Wäckerle, 2019. "Consumption & class in evolutionary macroeconomics," Journal of Evolutionary Economics, Springer, vol. 29(1), pages 229-263, March.
- Oyvat, Cem & Öztunalı, Oğuz & Elgin, Ceyhun, 2018. "Wage-led vs. profit-led growth: a comprehensive empirical analysis," Greenwich Papers in Political Economy 20951, University of Greenwich, Greenwich Political Economy Research Centre.
- Gonzalez, Alejandro, 2024. "Bargaining power, demand growth and the decline of the labor share," OSF Preprints 78kad, Center for Open Science.
- Christian Alexander Belabed, 2015. "Income Distribution and the Great Depression," IMK Working Paper 153-2015, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
- Yun K. Kim & Alan G. Isaac, 2017. "Firms’ Retention Behavior, Debt, and Macroeconomic Dynamics," Working Papers 2017_04, University of Massachusetts Boston, Economics Department.
- Hein, Eckhard & Dodig, Nina, 2014.
"Financialisation, distribution, growth and crises: Long-run tendencies,"
IPE Working Papers
35/2014, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
- Eckhard Hein & Nina Dodig, 2014. "Financialisation, distribution, growth and crises – long-run tendencies," Working papers wpaper23, Financialisation, Economy, Society & Sustainable Development (FESSUD) Project.
- Parui, Pintu, 2020. "Corporate Debt, Rentiers' Portfolio Dynamics, Instability and Growth: A neo-Kaleckian Perspective," MPRA Paper 102870, University Library of Munich, Germany.
- Mark Setterfield, 2020.
"Managing the discontent of the losers,"
Review of Social Economy, Taylor & Francis Journals, vol. 78(1), pages 77-97, January.
- Mark Setterfield, 2018. "Managing the Discontent of the Losers," Working Papers 1816, New School for Social Research, Department of Economics.
- Bernhard Rengs & Manuel Scholz-Wäckerle & Ardjan Gazheli & Miklós Antal & Jeroen C.J.M. van den Bergh, 2015. "Testing Innovation, Employment and Distributional Impacts of Climate Policy Packages in a Macro-evolutionary Systems Setting. WWWforEurope Working Paper No. 83," WIFO Studies, WIFO, number 57891.
- Jakob Kapeller & Bernhard Schütz, 2014.
"Debt, boom, bust: a theory of Minsky-Veblen cycles,"
Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 36(4), pages 781-814.
- Jakob Kapeller & Bernhard Schütz, 2012. "Debt, Boom, Bust: A Theory of Minsky-Veblen Cycles," Economics working papers 2012-14, Department of Economics, Johannes Kepler University Linz, Austria.
- Yun K. Kim, 2020. "Household Debt Accumulation and the Great Recession of the United States: A Comparative Perspective," Review of Radical Political Economics, Union for Radical Political Economics, vol. 52(1), pages 26-49, March.
- Gustavo Pereira Serra & Gilberto Tadeu Lima, 2016. "Sustainability of Student Debt in a Demand-Led Macrodynamics," Working Papers, Department of Economics 2016_15, University of São Paulo (FEA-USP).
- Carlo D’Ippoliti & Francesco Linguanti, 2023. "Inequality, Consumption Emulation, and Growth," Review of Radical Political Economics, Union for Radical Political Economics, vol. 55(4), pages 577-590, December.
- Claudio Cantaro, 2022. "L'approccio classico-keynesiano e la teoria del ruolo sociale del consumo (The classical-Keynesian approach and the Theory of the Social Role of Consumption)," Moneta e Credito, Economia civile, vol. 75(299), pages 285-306.
- Francesco Ruggeri, 2021. "Household debt, aggregate demand, and instability in a Stock-Flow model," Working Papers 4/21, Sapienza University of Rome, DISS.
- 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.
- Correa, Romar, 2015. "Conflict in the profit-led growth model," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 9, pages 1-9.
- Stamegna, Marco, 2022. "Wage inequality and induced innovation in a classical-Marxian growth model," MPRA Paper 113805, University Library of Munich, Germany.
- Di Bucchianico, Stefano, 2019. "The Impact of Financialization on the Rate of Profit: A Discussion," Centro Sraffa Working Papers CSWP36, Centro di Ricerche e Documentazione "Piero Sraffa".
- 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).