IDEAS home Printed from https://ideas.repec.org/a/euc/ancoec/v32y2008p29-51.html
   My bibliography  Save this article

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

Author

Listed:
  • 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
    as

    Download full text from publisher

    File URL: http://www.eco.unicamp.br/docdownload/publicacoes/instituto/revistas/economia-e-sociedade/V17-F1-S32/02_Oreiro_Luciano.pdf
    Download Restriction: no

    More about this item

    Keywords

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

    JEL classification:

    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian
    • 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

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:euc:ancoec:v:32:y:2008:p:29-51. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Antonio Carlos Macedo e Silva). General contact details of provider: http://edirc.repec.org/data/ieuecbr.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.