DISTRIBUTIVE AND DEMAND CYCLES IN THE US ECONOMY—A STRUCTURALIST GOODWIN MODEL

By Nelson H. Barbosa‐Filho, L. Taylor. 2006

320 citations recorded by the source corpus.

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In Economics and Econometrics

Citations in the corpus

Wage-led versus profit-led demand regimes: the long and the short of it (2016, background): “A short time frame is most explicitly emphasized in the literature based on Goodwin cycles, which began with Barbosa-Filho and Taylor (2006) and continues in more recent work such as Kiefer and Rada (2015) and Carvalho and Rezai (2015). It will be argued below that the profit-led findings of these p”
Financialisation, income distribution and aggregate demand in the USA (2011, unknown): “Onaran et al. by guest on January 10, 2011 cje.oxfordjournals.org D ow nloaded from Barbosa-Filho and Taylor (2006) estimate a VAR with demand and distribution equations for the US economy.”
Personal income inequality and aggregate demand (2016, methodology): “…affects the demand regime of the economy, a feature that has received much attention over the past 20 years ((Bowles and Boyer, 1995; Taylor, 2004; Barbosa-Filho and Taylor, 2006; Chiarella, Franke, Flaschel, and Semmler, 2004; Franke, Flaschel, and Proaño, 2006; Ederer and Stockhammer, 2007;…”
Is aggregate demand wage-led or profit-led? National and global effects (2012, methodology): “Again using VAR methodology Barbosa-Filho and Taylor (2006) find that the US economy is profit-led; however their estimations suffer from autocorrelation issues.”
Income Distribution and Growth: A Global Model (2014, methodology): “The main alternative, a VAR approach [as used by Barbosa-Filho and Taylor (2006), Onaran and Stockhammer (2005), Stockhammer and Onaran (2004)], would require substantial simplification of the model as these models cannot handle more than five endogenous variables.”
Debt-driven growth? Wealth, distribution and demand in OECD countries (2016, unknown): “Barbosa-Filho and Taylor (2006) for the US from 1948-2002, Kiefer and Rada (2014) for 13 OECD countries from the 1970s to 2010 and Carvalho and Rezai (2014) for the US from 1967-2010, estimate two variable VARs and find profit-led demand.7 A second group applies a single equation approach where…”
Wage-led growth in the EU15 member-states: the effects of income distribution on growth, investment, trade balance and inflation (2016, methodology): “With regards to the study by Barbosa-Filho and Taylor (2006), Stockhammer and Stehrer (2011) point out that the econometric results might suffer from autocorrelation problems.”
Profit maximising goes global: the race to the bottom (2015, methodology): “7 points decline in capacity utilization compared to about 0.33 percentage points estimated by Barbosa-Filho and Taylor (2007).”
Neoliberal growth models, monetary union and the Euro crisis. A post-Keynesian perspective (2016, unknown): “There are some Marx-inspired authors, who report evidence for profit-led growth regimes (e.g. Barbosa-Filho and Taylor 2006) 6.”