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Author:
Publisher: Fundacion BBVA
ISBN:
Category :
Languages : en
Pages : 89
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Book Description
Author:
Publisher: Fundacion BBVA
ISBN:
Category :
Languages : en
Pages : 89
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Book Description
Author: John Bates Clark
Publisher:
ISBN:
Category : Wages, prices and productivity
Languages : en
Pages : 490
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Book Description
Author: Gustav Adolph Kleene
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 192
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Book Description
Author: David A. Gautschi
Publisher: North Holland
ISBN:
Category : Business & Economics
Languages : en
Pages : 256
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Book Description
Author: John Pullen
Publisher: Routledge
ISBN: 1134010893
Category : Business & Economics
Languages : en
Pages : 220
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Book Description
John Pullen presents a critical history of the concept of the Marginal Profit Theory of Distribution looking at the contributions of its proponents (eg Stigler) and its critics (eg Pareto) and stressing the continuity of the debate.
Author: J.A. Kregel
Publisher: Routledge
ISBN: 1351494856
Category : Business & Economics
Languages : en
Pages : 294
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Book Description
A controversy among economists has raged in the pages of professional journals for the last decade. The debate concerns capital theory and distribution theory, as well as interpretation of models of long-run economic growth. This book is an attempt to integrate recent developments in capital theory and show their implications for models of long-run economic growth in mature capitalistic countries.This book first presents the von Neumann model and outlines its classical approach to the rate of profits and distribution. Sraffa's resolution of the value-price transformation problem is then presented and compared with Samuelson's ""Surrogate Production Function"". With the results of this comparison and the delineation of the special case in which the ""Surrogate"" is valid, several existing models of growth are set out in two representative groups.Neoclassical models form the first group. These are defined by their reliance on marginal theory to determine factor prices, the rate of profit and therefore distribution via the perfectly differentiable production function. Models of Meade, Tobin, Solow, and Samuelson- Modigliani are outlined and analyzed for their treatment and distribution and profits theory. The second group is comprised of models within the strict Keynesian tradition. The basic groundwork of these models as found in the work of Keynes and Kalecki is first cited. The Keynesian models are characterized by their assumption that the investment decision is totally independent of savings decisions in the economy. The models of Harrod, Kaldor, Pasinetti and Joan Robinson are presented and their method of approach to the rate of profits and distribution is analyzed.The concluding chapter focuses on some criticisms brought against the Keynesian models and offers some generalized formulations to deal with these neoclassical objections. General conclusions follow the treatment of each representative group and author.
Author: Ferri, Piero
Publisher: Edward Elgar Publishing
ISBN: 1802206019
Category : Business & Economics
Languages : en
Pages : 264
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Book Description
Piero Ferri expertly broadens the analysis of the canonical growth cycle approach by presenting a Minsky–Harrod model, examining how the relationship between income distribution, growth and unemployment becomes increasingly complex. Exploring this new technique to generate a process of growth, based not only on history but disequilibrium, he investigates the current income distribution debate further and the challenges it faces.
Author: Edward P. Lazear
Publisher:
ISBN:
Category :
Languages : en
Pages : 409
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Book Description
Author: Mitsuhiko Iyoda
Publisher: Springer Science & Business Media
ISBN: 9401153760
Category : Business & Economics
Languages : en
Pages : 175
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Book Description
The purpose of this book is to explain the changes in specific macroeconomic variables such as the relative share of labour, the profit rate and the real wage rate in advanced capitalist economies, in relation to the influence of the business cycle in income distribution. To explain these changes the author examines three types of theory - Kaldorian theory, the Real Business Cycle theory, and the new Keynesian theory - with a specific focus on Kaldor's approach.
Author: Robert L. Grottke
Publisher:
ISBN:
Category : Industrial productivity
Languages : en
Pages : 137
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Book Description
