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Author: Samuel A. Morely
Publisher:
ISBN:
Category : Income distribution
Languages : en
Pages : 38
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Book Description
Author: Samuel A. Morely
Publisher:
ISBN:
Category : Income distribution
Languages : en
Pages : 38
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Book Description
Author: George Argyrous
Publisher: Routledge
ISBN: 131746933X
Category : Business & Economics
Languages : en
Pages : 383
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Book Description
Growth, Distribution, and Effective Demand presents original essays on a variety of topics in theoretical and applied economics. The book honors the work of Edward J. Nell and develops interconnected themes that run through the modern Post-Keynesian tradition. The first part deals with the fundamental idea that economic growth is demand-driven, with special attention to policy ramifications. The second theme concerns the connection between economic growth and the structural characteristics of a market economy. These issues are closely linked to a critical tradition that calls into question key elements in orthodox economics. The final part of the book aims to buttress non-orthodox approaches to growth and distribution by critiquing particular aspects of the conventional theory, by elaborating neglected themes in non-orthodox theory, or by exploring some overlooked methodological ideas.
Author: David Pothier
Publisher: International Monetary Fund
ISBN: 1498300987
Category : Business & Economics
Languages : en
Pages : 50
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Book Description
This paper highlights how changes in the composition of demand affect income dispersion in the short run. We first document how the share of aggregate spending dedicated to labour-intensive goods and services shrinks (expands) during downturns (booms), and argue that this contributes to the observed pro-cyclicality of employment and output in labour-intensive industries. Using a two-sector general equilibrium model, we then assess how this demand composition channel influences the cyclical properties of the income distribution. Consistent with empirical evidence, we find income inequality to be countercyclical due to changes in the level of employment and (to a lesser extent) relative factor prices. The model also shows that wealth redistribution policies can potentially involve a trade-off between equality and output, depending on how they affect the composition of aggregate demand.
Author: John Bates Clark
Publisher:
ISBN:
Category : Wages, prices and productivity
Languages : en
Pages : 490
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Book Description
Author: C. Grootaert
Publisher: Springer Science & Business Media
ISBN: 3642515630
Category : Business & Economics
Languages : en
Pages : 121
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Book Description
Author: Daniel L. Milkove
Publisher:
ISBN:
Category : African Americans
Languages : en
Pages : 324
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Book Description
Author: Jacob Mincer
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
Author: George Argyrous
Publisher: Routledge
ISBN: 1317469348
Category : Business & Economics
Languages : en
Pages : 374
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Book Description
Growth, Distribution, and Effective Demand presents original essays on a variety of topics in theoretical and applied economics. The book honors the work of Edward J. Nell and develops interconnected themes that run through the modern Post-Keynesian tradition. The first part deals with the fundamental idea that economic growth is demand-driven, with special attention to policy ramifications. The second theme concerns the connection between economic growth and the structural characteristics of a market economy. These issues are closely linked to a critical tradition that calls into question key elements in orthodox economics. The final part of the book aims to buttress non-orthodox approaches to growth and distribution by critiquing particular aspects of the conventional theory, by elaborating neglected themes in non-orthodox theory, or by exploring some overlooked methodological ideas.
Author: Adriano Birolo
Publisher: Routledge
ISBN: 1136948473
Category : Business & Economics
Languages : en
Pages : 401
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Book Description
Production, Distribution and Trade brings together leading voices in classical and post-Keynesian economics to discuss key issues such as growth, globalization and financial markets in the history of economic thought.
Author:
Publisher:
ISBN:
Category : Labor laws and legislation
Languages : en
Pages : 112
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Book Description
Publishes in-depth articles on labor subjects, current labor statistics, information about current labor contracts, and book reviews.
