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

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Author Info
Oreiro, José Luís
Carvalho, Luciano Dias

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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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Publisher 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;

Find related papers by JEL classification:
E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian
O11 - Economic Development, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
O42 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Monetary Growth Models

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This page was last updated on 2009-12-17.

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