The economics of demand-led growth : challenging the supply-side vision of the long run

By M. Setterfield. 2002

169 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/63265c4cd997185790272eeb3c928b3ceb214863

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Citations in the corpus

Distribution and growth reconsidered: empirical results for six OECD countries (2007, background): “For recent developments see the contributions in Setterfield (2002) and in Argyros et al. (2004).”
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) profits (r) and the rate of capacity utilisation (u).”
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.”
The macroeconomic rebound effect and the world economy (2009, unknown): “…technological change we have adopted the “history” approach1 of cumulative causation and demand-led growth2 (Kaldor 1957, Kaldor 1972, Kaldor 1985; Setterfield 2002), focusing on gross investment (Scott 1989) and trade (McCombie and Thirlwall 1994, 2004), and incorporating technological…”
Testing the Bhaduri–Marglin model with OECD panel data (2014, unknown): “Economic growth is seen to be ‘demandled’ (Setterfield 2002), and income (re-)distribution is one important factor having an impact on demand (growth).”
OECD demand regimes (1960-2000) (2006, background): “Following Bhaduri and Marglin (1990), Blecker (2002), and Taylor (1991), we assume that investment i depends positively on the profit share π and demand x: i f x a b xi= ( ) = >π π φ φ φ φ φ φ, , , ,0 1 2 0 1 2 0 (11)”
Is the Nairu Theory a Monetarist, New Keynesian, Post Keynesian or a Marxist Theory? (2008, background): “The standard Kaleckian assumption (for a closed economy) is that the consumption propensity out of wage incomes is 10 Lavoie (2002) and Cassetti (2003) propose Kaleckian growth models with conflict inflation, where a higher price level has no effects on demand.”
Shareholder value orientation and the investment-profit puzzle (2005, methodology): “Similar periodizations have been used by theorists of the French regulation school (e.g., Boyer, 1990; 2000) and Setterfield and Cornwall (2002).”
The political economy debate on ‘financialization’ – a macroeconomic perspective (2009, unknown): “…as not only the degree of utilisation but also the level of productive capacities are seen to be endogenous to demand, with physical investment being the basis for increases in the capital stock and productivity growth (for an overview of theories of ‘demand-led growth’, see Setterfield, 2002).”