Distribution, Demand and Growth in Neo-Kaleckian Macro-Models

By Robert A. Blecker. 2002

258 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/2d8ceb93c7ea68252d40c17670d17ea7af06af03

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Citations in the corpus

Globalization and the effects of changes in functional income distribution on aggregate demand in Germany (2011, unknown): “For a survey, see Blecker (2002).”
The real exchange rate and economic development (2012, background): “An increase in the growth rate may require a more competitive exchange rate, and this adjustment need not happen automatically.4 Recently, Rodrik (2009)[p. 23] has argued 2 See, for example, Blecker (2002).”
Gender equity and globalization: Macroeconomic policy for developing countries (2006, background): “See Blecker (2002) and Setterfield (2003) for excellent reviews of research in this area.”
OECD demand regimes (1960-2000) (2006, background): “36, which is in line with earlier estimates by Marglin and Bhaduri (1990) and Bowles and Boyer (1995). Our findings suggest a substantial influence of the functional distribution of income on the savings rate; a redistribution from profits to wages thus leads to a significant increase in consumption”
Is the Nairu Theory a Monetarist, New Keynesian, Post Keynesian or a Marxist Theory? (2008, background): “First the foreign trade may make actual national economies (but not the world economy as a whole) profit-led rather than wage-led (Blecker, 1989, 2002).17 Second, automatic stabilizers or discretionary fiscal policy may push the economy towards equilibrium.”
Wage-led growth: Concept, theories and policies (2012, background): “Formalizaciones similares de la función de inversión también fueron adoptadas por Kurz (1990), Taylor (1991) y Blecker (2002), así como por muchos autores que desean evaluar la presencia de estos regímenes en estudios empíricos.”
Distribution and growth reconsidered: empirical results for six OECD countries (2007, background): “We simply take distribution as the exogenous variable determining growth as the endogenous variable.3 Fourth, we neither consider 1 See Kalecki (1954, 1971) and Steindl (1952) as well as the surveys in Lavoie (1992, 297–347), Blecker (2002) and Hein (2004, 177–219).”
Climate Change, Financial Stability and Monetary Policy (2018, unknown): “First, following the Kaleckian approach (see e.g. Blecker, 2002), it depends positively on the rate of (retained) pro ﬁ ts ( r ) and the rate of capacity utilisation ( u ).”
Reconsidering the Investment-Profit Nexus in Finance-Led Economies: An ARDL-Based Approach (2008, background): “3 This is shown by Blecker (2002) for a simple linear model.”