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Distribution and Growth After Keynes "A Post Keynesian Guide"

Distribution and Growth After Keynes "A Post Keynesian Guide"

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  • ISBN:9781783477289
  • Editorial: Edward Elgar
  • Fecha de la edición:
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  • Nº Pág.:608
  • Idiomas:Ingles,Inglés

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In this book theories of distribution and growth after Keynes are reviewed and assessed. The first part presents a comprehensive overview of the main contributions including the approaches by Harrod and Domar, old and new neoclassical theories including the fundamental capital controversy critique, the post-Keynesian contributions of Kaldor, Pasinetti, Thirlwall and Robinson, as well as the approaches by Kalecki and Steindl. The second part of the book develops neo- and post-Kaleckian models, gradually introducing saving from wages and international trade, technological progress, money, interest and credit. It also explores issues of 'financialisation' and presents the empirical results of model applications.

Contents: 1. Introduction 2. From Keynes to Domar and Harrod: Considering the Capacity Effect of Investment and an Attempt at Dynamic Theory 3. Neoclassical DIstribution and Growth Theory: Old and New - and a Critique 4. Post-Keynesian Distribution and Growth Theories I: Kaldor, Pasinetti, Thirlwall and Robinson 5. Post-Keynesian Distribution and Growth Theories II: Kalecki and Steindl 6. The Basic Kaleckian Distribution and Growth Models 7. Extending Kaleckian Models I: Saving out of Wages and Open Economy Issues 8. Extending Kaleckian Models II: Technical Progress 9. Extending Kaleckian Models III: Interest and Credit 10. Extending Kaleckian Models IV: Finance-dominated Capitalism 11. The Kaleckian Models and Classical, Marxian and Harrodian Critique 12. Conclusions Appendix References Index

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