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作者:Eckhard Hein
来源:[J].Journal of Post Keynesian Economics, 2018, Vol.41 (2), pp.316-338
摘要:ABSTRACT(#br)This article is linked to some recent attempts at including a noncapacity creating autonomous expenditure category as the driver and determinant of growth into Kaleckian distribution and growth models. Whereas previous contributions have focussed on taming Harrodian ...
作者:Eckhard Hein , Petra Dünhaupt ...
来源:[J].Review of Political Economy, 2018, Vol.30 (1), pp.41-71
摘要:ABSTRACT(#br)The purpose of this article is twofold. First, we examine if, and to what extent, a general Kaleckian analysis of the potential effects of financialisation on income shares in advanced capitalist economies is of relevance for the three Eurozone countries under i...
作者:Eckhard Hein , Achim Truger
来源:[J].Structural Change and Economic Dynamics, 2005, Vol.16 (1), pp.7-33
摘要:Abstract(#br)It is now widely acknowledged that the structural characteristics of the countries to form the European Monetary Union (EMU) did not meet the conditions of an optimum currency area (OCA) when the euro was introduced in 1999. The OCA criteria appear to have little rel...
作者:Eckhard Hein
来源:[J].Journal of Income Distribution, 1997, Vol.7 (1), pp.5-28
摘要:Abstract(#br)The development of the functional income distribution in the advanced capitalist economies of France, Germany, the United Kingdom and the U.S.A. has shown a marked shift towards the profit share during the 1980s. Starting from this observation the impact of chan...
作者:Eckhard Hein , Achim Truger
来源:[J].Journal of Post Keynesian Economics, 2012, Vol.35 (2), pp.187-213
摘要:We analyze the long-run imbalances of finance-dominated capitalism underlying the present crisis, which began in 2007, with a focus on developments in the United States and Germany. We argue that beyond inefficient regulation of the financial sector, the severeness of the present...
作者:Eckhard Hein , Till Van Treeck
来源:[J].Review of Political Economy, 2010, Vol.22 (2), pp.205-233
摘要:We establish the link between rising shareholder power on the firm level, increasing pressure on labour, and redistribution at the expense of wages, with the macroeconomic effects on capacity utilisation, profits and capital accumulation. Three channels of transmission of ‘f...
作者:Eckhard Hein , Lena Vogel
来源:[J].Review of Political Economy, 2009, Vol.21 (2), pp.245-272
摘要:We analyse the relationship between functional income distribution and economic growth in France and Germany from 1960 until 2005. The analysis is based on a demand-driven distribution and growth model for an open economy inspired by Bhaduri & Marglin (1990), which allows for pro...
作者:Eckhard Hein
来源:[J].International Review of Applied Economics, 2006, Vol.20 (3), pp.337-352
摘要:Abstract(#br)In the present paper we explicitly introduce interest payments and debt into a Kaleckian distribution and growth model with an investment function very close to Kalecki’s original writings. This implies that growth in this model is ‘wage‐led’. The effects o...
作者:Eckhard Hein
来源:[J].Journal of Post Keynesian Economics, 2013, Vol.36 (2), pp.325-354
摘要:In this paper, the euro crisis is interpreted as the latest episode of the crisis of finance-dominated capitalism. Against this background, the euro crisis and the economic policy reactions of European governments and institutions are examined. It is shown that deflationary stagn...
作者:Eckhard Hein , Engelbert Stockhammer
来源:[J].Review of Political Economy, 2010, Vol.22 (3), pp.317-354
摘要:New Consensus Models (NCMs) have been criticised by Post-Keynesians for a variety of reasons, and amendments or alternatives have been presented. The present paper attempts to provide a Post-Keynesian alternative model to the NCM. The model consists of three classes: rentiers, fi...

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