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

Author

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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.

Suggested Citation

  • Oreiro, José Luís & Carvalho, Luciano Dias, 2008. "Moeda endógena e progresso tecnológico induzido num modelo macrodinâmico pós-keynesiano," Revista Economia e Sociedade, Instituto de Economia, Universidade Estadual de Campinas (UNICAMP), vol. 32, pages 1-23, April.
    • Handle: RePEc:euc:ancoec:v:32:y:2008:p:29-51
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    More about this item

    Keywords

    Non-linear dynamics; Multiple equilibrium; Endogenous money supply; Endogeno;
    All these keywords.

    JEL classification:

    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O42 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Monetary Growth Models

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