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Balancing the Macroeconomic Books on the Backs of Workers: A Simple Analytical Political Economy Model of Contemporary U.S. Capitalism

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  • Mark Setterfield

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  • Mark Setterfield, 2006. "Balancing the Macroeconomic Books on the Backs of Workers: A Simple Analytical Political Economy Model of Contemporary U.S. Capitalism," International Journal of Political Economy, Taylor & Francis Journals, vol. 35(3), pages 46-63.
  • Handle: RePEc:mes:ijpoec:v:35:y:2006:i:3:p:46-63
    DOI: 10.2753/IJP0891-1916350303
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    Citations

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    Cited by:

    1. Mark Setterfield, 2010. "Endogenous Growth: A Kaldorian Approach," Working Papers 1001, Trinity College, Department of Economics.
    2. Mark Setterfield & Robert A. Blecker, 2022. "Structural change in the US Phillips curve, 1948-2021: the role of power and institutions," Working Papers 2201, New School for Social Research, Department of Economics.
    3. Eduardo F. Bastian & Mark Setterfield, 2015. "A simple analytical model of the adverse real effects of inflation," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 38(4), pages 637-665, November.
    4. Guilherme Spinato Morlin & Nikolas Passos & Riccardo Pariboni, 2021. "Growth theory and the growth model perspective: Insights from the supermultiplier," Department of Economics University of Siena 869, Department of Economics, University of Siena.
    5. Mark Setterfield, 2014. "Using Interest Rates as the Instrument of Monetary Policy: Beware Real effects, Positive Feedbacks, and Discontinuities," Ensayos Económicos, Central Bank of Argentina, Economic Research Department, vol. 1(70), pages 7-22, June.
    6. Louis-Philippe Rochon & Marc Setterfield, 2011. "Post-Keynesian Interest Rate Rules and Macroeconomic Performance: A Comparative Evaluation," Chapters, in: Claude Gnos & Louis-Philippe Rochon (ed.), Credit, Money and Macroeconomic Policy, chapter 7, Edward Elgar Publishing.
    7. Eduardo F Bastian & Mark Setterfield, 2020. "Nominal exchange rate shocks and inflation in an open economy: towards a structuralist inflation targeting agenda," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 44(6), pages 1271-1299.
    8. Mark Setterfield, 2023. "Whatever Happened to the ‘Goodwin Pattern’? Profit Squeeze Dynamics in the Modern American Labour Market," Review of Political Economy, Taylor & Francis Journals, vol. 35(1), pages 263-286, January.
    9. Philipp Heimberger, 2021. "Do higher public debt levels reduce economic growth?," FMM Working Paper 74-2021, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    10. Mark Setterfield, 2023. "Inflation and distribution during the post-COVID recovery: a Kaleckian approach," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 46(4), pages 587-611, October.
    11. Wildauer, Rafael & Kohler, Karsten & Aboobaker, Adam & Guschanski, Alexander, 2023. "Energy price shocks, conflict inflation, and income distribution in a three-sector model," Energy Economics, Elsevier, vol. 127(PB).
    12. Mark Setterfield, 2022. "Neoliberalism: An Entrenched but Exhausted Growth Regime," Ensayos Económicos, Central Bank of Argentina, Economic Research Department, vol. 1(79), pages 131-146, May.
    13. Mark Setterfield, 2017. "Modern (American) Capitalism: A Three Act Tragedy," Working Papers 1722, New School for Social Research, Department of Economics.
    14. Peter Flaschel & Sigrid Luchtenberg & Hagen Kramer & Christian Proano & Mark Setterfield, 2021. "Contemporary Macroeconomic Outcomes: A Tragedy in Three Acts," Working Papers 2105, New School for Social Research, Department of Economics.

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