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Moeda endógena e progresso tecnológico induzido num modelo macrodinâmico pós-keynesiano

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  • Oreiro, José Luís
  • Carvalho, Luciano Dias

Abstract

This article intend to analyze the process of the economic growth and income distribution in an environment where technological progress and the basic rate of interest are endogenous and the money, via credit offer, has a preponderant role in the determination of economic dynamics. In this context, we demonstrate several combinations where happen multiple equilibriums and soften flotation in the main relevant variables. Besides, for low salary portions, we observed the prevalence of a profit-led accumulation regime and, for high portions, a wage-led accumulation regime.

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File URL: http://www.eco.unicamp.br/docdownload/publicacoes/instituto/revistas/economia-e-sociedade/V17-F1-S32/02_Oreiro_Luciano.pdf
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Bibliographic Info

Article provided by Instituto de Economia, Universidade Estadual de Campinas (UNICAMP) in its journal Revista Economia e Sociedade.

Volume (Year): 32 (2008)
Issue (Month): (April)
Pages: 23

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Handle: RePEc:euc:ancoec:v:32:y:2008:p:29-51

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Related research

Keywords: Non-linear dynamics; Multiple equilibrium; Endogenous money supply; Endogeno;

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