Wage-Led Growth: An Equitable Strategy for Economic Recovery

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The determinants of income inequality in OECD countries (2018, background): “A similar thesis is discussed by Lavoie and Stockhammer (2013), who also discuss the role of inequality in the 2007 financial crisis and put forward a wage-led strategy to stimulate economic growth instead of the dangerous debt-led growth which took place before the crisis.”
Financialisation in emerging economies: a systematic overview and comparison with Anglo-Saxon economies (2017, background): “Second, post-Keynesians have developed a typology of demand regimes that includes wage-led as well as profit-led regimes (Bhaduri and Marglin 1990), which has been extended to include debt-driven and export-driven growth models (Lavoie and Stockhammer 2013).”