Matches in SemOpenAlex for { <https://semopenalex.org/work/W3124431668> ?p ?o ?g. }
Showing items 1 to 85 of
85
with 100 items per page.
- W3124431668 abstract "Monetary analysis requires the introduction of monetary variables into the determination of the equilibrium values of real variables such as production, income, distribution, and accumulation. Contrary to Keynes's research program of a 'monetary theory of production', neither the older post-Keynesian models of growth and distribution (Kaldor, J. Robinson) nor the models based on the work by Kalecki and Steindl take account of monetary variables in a sufficient way. Starting from a Kaleckian effective demand model by Bhaduri & Marglin, the first part of this paper deals with the effects of an exogenous variation in the monetary interest rate on the real equilibrium position of the economic system. Different regimes of accumulation are derived and it is shown that a negative relation between the interest rate and the equilibrium rates of capacity utilisation, accumulation and profit usually expected in post-Keynesian theory only exists under special conditions. The second part of the paper applies the model to the data of some major OECD-countries and studies the effects of the monetary interest rate on distribution and investment within different regimes of accumulation, the 'golden age'- and the 'post-golden-age'-'social structure of accumulation'. This discussion also gives an explanation for stagnating capital formation and rising unemployment since the mid 1970s." @default.
- W3124431668 created "2021-02-01" @default.
- W3124431668 creator A5023031574 @default.
- W3124431668 creator A5043199039 @default.
- W3124431668 date "2000-01-01" @default.
- W3124431668 modified "2023-09-23" @default.
- W3124431668 title "Monetary interest rates, income shares, and investment: Theory and empirical evidence for France, Germany, the UK, and the USA" @default.
- W3124431668 hasPublicationYear "2000" @default.
- W3124431668 type Work @default.
- W3124431668 sameAs 3124431668 @default.
- W3124431668 citedByCount "1" @default.
- W3124431668 crossrefType "posted-content" @default.
- W3124431668 hasAuthorship W3124431668A5023031574 @default.
- W3124431668 hasAuthorship W3124431668A5043199039 @default.
- W3124431668 hasConcept C110121322 @default.
- W3124431668 hasConcept C126285488 @default.
- W3124431668 hasConcept C133425853 @default.
- W3124431668 hasConcept C134306372 @default.
- W3124431668 hasConcept C139719470 @default.
- W3124431668 hasConcept C162324750 @default.
- W3124431668 hasConcept C165556158 @default.
- W3124431668 hasConcept C175025494 @default.
- W3124431668 hasConcept C17744445 @default.
- W3124431668 hasConcept C181622380 @default.
- W3124431668 hasConcept C199539241 @default.
- W3124431668 hasConcept C27548731 @default.
- W3124431668 hasConcept C2775851008 @default.
- W3124431668 hasConcept C2776290994 @default.
- W3124431668 hasConcept C2778126366 @default.
- W3124431668 hasConcept C33923547 @default.
- W3124431668 hasConcept C45555294 @default.
- W3124431668 hasConcept C519300510 @default.
- W3124431668 hasConcept C556758197 @default.
- W3124431668 hasConcept C56777670 @default.
- W3124431668 hasConcept C81751973 @default.
- W3124431668 hasConcept C94625758 @default.
- W3124431668 hasConceptScore W3124431668C110121322 @default.
- W3124431668 hasConceptScore W3124431668C126285488 @default.
- W3124431668 hasConceptScore W3124431668C133425853 @default.
- W3124431668 hasConceptScore W3124431668C134306372 @default.
- W3124431668 hasConceptScore W3124431668C139719470 @default.
- W3124431668 hasConceptScore W3124431668C162324750 @default.
- W3124431668 hasConceptScore W3124431668C165556158 @default.
- W3124431668 hasConceptScore W3124431668C175025494 @default.
- W3124431668 hasConceptScore W3124431668C17744445 @default.
- W3124431668 hasConceptScore W3124431668C181622380 @default.
- W3124431668 hasConceptScore W3124431668C199539241 @default.
- W3124431668 hasConceptScore W3124431668C27548731 @default.
- W3124431668 hasConceptScore W3124431668C2775851008 @default.
- W3124431668 hasConceptScore W3124431668C2776290994 @default.
- W3124431668 hasConceptScore W3124431668C2778126366 @default.
- W3124431668 hasConceptScore W3124431668C33923547 @default.
- W3124431668 hasConceptScore W3124431668C45555294 @default.
- W3124431668 hasConceptScore W3124431668C519300510 @default.
- W3124431668 hasConceptScore W3124431668C556758197 @default.
- W3124431668 hasConceptScore W3124431668C56777670 @default.
- W3124431668 hasConceptScore W3124431668C81751973 @default.
- W3124431668 hasConceptScore W3124431668C94625758 @default.
- W3124431668 hasLocation W31244316681 @default.
- W3124431668 hasOpenAccess W3124431668 @default.
- W3124431668 hasPrimaryLocation W31244316681 @default.
- W3124431668 hasRelatedWork W1519711997 @default.
- W3124431668 hasRelatedWork W1598714747 @default.
- W3124431668 hasRelatedWork W1735794283 @default.
- W3124431668 hasRelatedWork W1968369292 @default.
- W3124431668 hasRelatedWork W1972552535 @default.
- W3124431668 hasRelatedWork W2004677897 @default.
- W3124431668 hasRelatedWork W2018897698 @default.
- W3124431668 hasRelatedWork W2029927844 @default.
- W3124431668 hasRelatedWork W2032759124 @default.
- W3124431668 hasRelatedWork W2050906393 @default.
- W3124431668 hasRelatedWork W2098914017 @default.
- W3124431668 hasRelatedWork W2116298747 @default.
- W3124431668 hasRelatedWork W2121205510 @default.
- W3124431668 hasRelatedWork W2477334068 @default.
- W3124431668 hasRelatedWork W2494645134 @default.
- W3124431668 hasRelatedWork W2506113886 @default.
- W3124431668 hasRelatedWork W2526186930 @default.
- W3124431668 hasRelatedWork W2762151527 @default.
- W3124431668 hasRelatedWork W2765843373 @default.
- W3124431668 hasRelatedWork W3207982774 @default.
- W3124431668 isParatext "false" @default.
- W3124431668 isRetracted "false" @default.
- W3124431668 magId "3124431668" @default.
- W3124431668 workType "article" @default.