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Accumulation, distribution and employment: a structural VAR approach to a Kaleckian macro model

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  • Stockhammer, Engelbert
  • Onaran, Ozlem

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Bibliographic Info

Article provided by Elsevier in its journal Structural Change and Economic Dynamics.

Volume (Year): 15 (2004)
Issue (Month): 4 (December)
Pages: 421-447

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Handle: RePEc:eee:streco:v:15:y:2004:i:4:p:421-447

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Web page: http://www.elsevier.com/locate/inca/525148

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References

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  1. Blanchflower, David G & Oswald, Andrew J, 1990. " The Wage Curve," Scandinavian Journal of Economics, Wiley Blackwell, vol. 92(2), pages 215-35.
    • David G. Blanchflower & Andrew J. Oswald, 1995. "The Wage Curve," MIT Press Books, The MIT Press, edition 1, volume 1, number 026202375x, December.
  2. Dutt, Amitava Krishna, 1984. "Stagnation, Income Distribution and Monopoly Power," Cambridge Journal of Economics, Oxford University Press, vol. 8(1), pages 25-40, March.
  3. C Bean, 1992. "European Unemployment: A Survey," CEP Discussion Papers dp0071, Centre for Economic Performance, LSE.
  4. Bhaduri, Amit & Marglin, Stephen, 1990. "Unemployment and the Real Wage: The Economic Basis for Contesting Political Ideologies," Cambridge Journal of Economics, Oxford University Press, vol. 14(4), pages 375-93, December.
  5. Christopher A. Sims, 1986. "Are forecasting models usable for policy analysis?," Quarterly Review, Federal Reserve Bank of Minneapolis, issue Win, pages 2-16.
  6. Blecker, Robert A, 1989. "International Competition, Income Distribution and Economic Growth," Cambridge Journal of Economics, Oxford University Press, vol. 13(3), pages 395-412, September.
  7. Sims, Christopher A, 1980. "Macroeconomics and Reality," Econometrica, Econometric Society, vol. 48(1), pages 1-48, January.
  8. Sims, Christopher A & Stock, James H & Watson, Mark W, 1990. "Inference in Linear Time Series Models with Some Unit Roots," Econometrica, Econometric Society, vol. 58(1), pages 113-44, January.
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Citations

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Cited by:
  1. Hiroshi Nishi, 2012. "Varieties of Economic Growth Regimes, Types of Macroeconomic Policies, and Policy Regime: A Post-Keynesian Analysis," Discussion papers e-12-008, Graduate School of Economics Project Center, Kyoto University.
  2. Sasaki, Hiroaki, 2010. "Endogenous technological change, income distribution, and unemployment with inter-class conflict," Structural Change and Economic Dynamics, Elsevier, vol. 21(2), pages 123-134, May.
  3. Jakob Kapeller & Bernhard Schütz, 2012. "Conspicuous consumption, inequality and debt: The nature of consumption-driven profit-led regimes," Economics working papers 2012-13, Department of Economics, Johannes Kepler University Linz, Austria.
  4. Engelbert Stockhammer, 2011. "Wage norms, capital accumulation, and unemployment: a post-Keynesian view," Oxford Review of Economic Policy, Oxford University Press, vol. 27(2), pages 295-311.
  5. Özlem Onaran & Giorgos Galanis, 2013. "Income distribution and aggregate demand: A global Post-Keynesian model," Working Papers PKWP1304, Post Keynesian Economics Study Group (PKSG).
  6. Chaiechi, Taha, 2012. "Financial development shocks and contemporaneous feedback effect on key macroeconomic indicators: A post Keynesian time series analysis," Economic Modelling, Elsevier, vol. 29(2), pages 487-501.
  7. Engelbert Stockhammer, 2007. "Funktionale Einkommensverteilung und aggregierte Nachfrage im Euro-Raum," Wirtschaft und Gesellschaft - WuG, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik, vol. 33(2), pages 175-198.
  8. Ozlem Onaran & Engelbert Stockhammer, 2005. "Do Profits Affect Investment And Employment? An Emprical Test Based On The Bhaduri-Marglin Model," Working Papers geewp44, Vienna University of Economics Research Group: Growth and Employment in Europe: Sustainability and Competitiveness.
  9. Jochen Hartwig, 2014. "Testing the Bhaduri-Marglin Model with OECD Panel Data," KOF Working papers 14-349, KOF Swiss Economic Institute, ETH Zurich.
  10. Hiroshi Nishi, 2012. "On the Short-run Relationship between the Income Distribution- and Finance-Growth Regimes," Discussion papers e-12-001, Graduate School of Economics Project Center, Kyoto University.
  11. David Kiefer & Codrina Rada, 2013. "Profit maximizing goes global: the race to the bottom," Working Paper Series, Department of Economics, University of Utah 2013_05, University of Utah, Department of Economics.
  12. Jon D. Wisman, 2013. "Labor Busted, Rising Inequality and the Financial Crisis of 1929: An Unlearned Lesson," Working Papers 2013-07, American University, Department of Economics.
  13. Hiroaki Sasaki, 2008. "Endogenous Technological Change and Distribution with Inter-Class Conflict: A Kaleckian Model of Growth," TERG Discussion Papers 237, Graduate School of Economics and Management, Tohoku University.
  14. Alfonso Palacio-Vera, 2008. "Money wage rigidity, monopoly power and hysteresis," Documentos de trabajo de la Facultad de Ciencias Económicas y Empresariales 08-02, Universidad Complutense de Madrid, Facultad de Ciencias Económicas y Empresariales.
  15. Engelbert Stockhammer & Stefan Ederer, 2007. "Demand effects of the falling wage share in Austria," Department of Economics Working Papers wuwp106, Vienna University of Economics, Department of Economics.
  16. Engelbert Stockhammer & Jo Michell, 2014. "Pseudo-Goodwin Cycles in a Minsky Model," Working Papers PKWP1405, Post Keynesian Economics Study Group (PKSG).
  17. Hiroaki Sasaki & Ryunosuke Sonoda & Shinya Fujita, 2012. "International Competition and Distributive Class Conflict in an Open Economy Kaleckian Model," Discussion papers e-12-005, Graduate School of Economics Project Center, Kyoto University.
  18. Christian R. Proaño & Peter Flaschel & Hans-Martin Krolzig & Mamadou Bobo Diallo, 2011. "Monetary policy and macroeconomic stability under alternative demand regimes," Cambridge Journal of Economics, Oxford University Press, vol. 35(3), pages 569-585.

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