Kaldor and Robinson on money and growth

European Journal of the History of Economic Thought

Volumn 8, Issue 1, 2001, Pages 75-103

  Vernengo, Matias ^a   Rochon, Louis Philippe ^a  

^a NEW SCHOOL FOR SOCIAL RESEARCH   (United States)

Author keywords

Money Growth Post KEYNESIANS Nicholas Kaldor Joan Robinson Cambridge School

Indexed keywords

EID: 0242619943     PISSN: 09672567     EISSN: 14695936     Source Type: Journal    
DOI: 10.1080/09672560010015422     Document Type: Article

References (83)

1. Amadeo, E., 1986. Notes on capacity utilization, distribution and accumulation. Contributions to Political Economy, 5: 83–94.
2. Asimakopulos, A., 1991. Keynes's General Theory and Accumulation, Cambridge: Cambridge University Press.
3. Bortis, H., 1983. Employment in a capitalist economy. Journal of Post Keynesian Economics, 6 (4): 590–604.
4. Cesaratto, S., 1996. Endogenous growth in neoclassical theory: a critical survey, ‘La Sapienza’: University of Rome. mimeo
5. Cottrell, A., 1988. The endogeneity of money: a reply. Scottish Journal of Political Economy, 35 (3): 295–297.
6. Dardi, M., 1994. Kahn's theory of liquidity preference and monetary policy. Cambridge Journal of Economics, 18 (1): 91–106.
7. Davidson, P., 1965. Keynes's finance motive. Oxford Economic Papers, 17 (1): 47–65.
8. Davidson, P., 1990–1991. A post Keynesian positive contribution to ‘theory’. Journal of Post Keynesian Economics, 13 (2)
9. Dixon, R. J., and Thirlwall, A. P., July 1975. A model of regional growth rate differences on Kaldorian lines, Oxford Economics Papers July.
10. Dosi, G., 1988. Sources, procedures and microeconomic effects of innovation. Journal of Economic Literature, XXVI: 1120–1171.
11. Dow, A. C., and Dow, S. C., 1989. “ Endogenous money creation and idle balances ”. In New Directions in Post-Keynesian Economics, Edited by: Pheby, J., Aldershot, UK: Edward Elgar.
12. Dutt, A., 1984. Stagnation, income distribution and monopoly power. Cambridge Journal of Economics, 8: 25–40.
13. Dutt, A., 1990. Growth, Distribution, and Uneven Development, Cambridge: Cambridge University Press.
14. Dymski, G., and Pollin, R., 1992. “ Hyman Minsky as hedgehog: the power of the wall street paradigm ”. In Financial Conditions and Macroeconomic Performance: Essays in Honor of Hyman P. Minsky, Edited by: Fazzari, S., and Papadimitriou, D., Armonk, NY: M.E. Sharpe.
15. Eichner, A., 1982. La theorie post-keynesienne et la recherche empirique. Actualite Economique, 58 (1): 223–245.
16. Garegnani, P., 1992. “ Some notes for an analysis of accumulation ”. In Beyond the Steady State, Edited by: Halevi, J., Laibman, D., and Nell, E., New York: St. Martin's Press.
17. Godley, W., 1983. “ Keynes and the management of real national income and expenditure ”. In Keynes and the Modern World, Edited by: Worswick, D., and Trevithick, J., Cambridge: Cambridge University Press.
18. Godley, W., and Cripps, F., 1983. Macroeconomics, Oxford: Oxford University Press.
19. Graziani, A., 1989. “ Money and Finance in Joan Robinson's Works ”. In The Economics of Imperfect Competition and Employment: Joan Robinson and Beyond, Edited by: Feiwel, G. R., London: Macmillan.
20. Hamouda, O., and Harcourt, G., 1988. Post Keynesdanism: from criticism to coherence?. Bulletin of Economic Research, 40 (1): 1–33.
21. Harrod, R. F., 1933. International Economics, London: Macmillan.
22. Harrod, R. F., 1939. An essay in dynamic theory. Economic Journal, 49 reprinted in A. Sen (ed.) (1970) Growth Economics, pp. 43–64. London: Penguin
23. Harrod, R. F., (1963) (1948). Towards a Dynamic Economics, London: Macmillan.
24. Harrod, R. F., 1960. A second essay in dynamic theory. Economic Journal, 70
25. Hewitson, G., 1995. Post-Keynesian monetary theory: some issues. Journal of Economic Surveys, 9 (3): 285–310.
26. Howes, C., 1995. Long term economic strategy and employment growth in the US: An analysis of Clinton's economic policies. Contributions to Political Economy, 14: 1–31.
27. Kahn, R., 1958. Memorandum of evidence submitted to the Radcliffe committee. Reprinted in Selected Essays on Employment and Growth, Cambridge: Cambridge University Press. 1972
28. Kahn, R., 1972. Memorandum of evidence submitted to the Radcliffe committee. Reprinted in Selected Essays on Employment and Growth, Cambridge: Cambridge University Press.
29. Kahn, R., 1984. The Making of Keynes' General Theory, Cambridge: Cambridge University Press.
30. Kaldor, N., 1955–1956. Alternative theories of distribution. Review of Economic Studies, 23: 81–91. Reprinted in A. Sen, (ed.) (1970) Growth Economics, London: Penguin
31. Kaldor, N., 1957. A model of economic growth. Economic Journal, December
32. Kaldor, N., June 23 1958. Monetary policy, economic stability and growth. A memorandum submitted to the Committee of the Working of the Monetary System (Radcliffe Committee) June 23, Reprinted in Collected Economic Papers, Volume 3, Essays on Economic Policy 1 (1964) London: Duckworth
33. Kaldor, N., 1966. Causes of the Slow Growth in the United Kingdom, Cambridge: Cambridge University Press.
34. Kaldor, N., 1970a. The case for regional policies. Scottish Journal of Political Economy, November
35. Kaldor, N., 1970b. The new monetarism. Lloyds Bank Review, July: 1–7.
36. Kaldor, N., 1978. Further Essays on Applied Economics, London: Duckworth.
37. Kaldor, N., 1981. The role of increasing returns, technical progress and cumulative causation in the theory of international trade and economic growth. Économie Appliquée, 34 (4): 593–617.
38. Kalecki, M., 1971. Selected Essays on the Dynamics of the Capitalist Economy, Cambridge: Cambridge University Press.
39. Keynes, J. M., (1964) (1936). The General Theory of Employment, Interest and Money, New York: Harcourt Brace.
40. King, J. E., 1996. “ Hyman Minsky: the making of a post Keynesian ”. In Interactions in Political Economy Malvern after Ten Years, Edited by: Pressman, S., London: Routledge.
41. Kurz, H., and Salvadori, N., The new growth theory: old wine in new goatskins. Paper presented at The International School of Economic Research. University of Siena.
42. Lavoie, M., 1985. “ Credit and money: the dynamic circuit, overdraft economics and postKeynesian economics ”. In Money and Macro policy, Edited by: Jarsulic, M., Lancaster: Kluwer-Nijhoff.
43. Lavoie, M., 1991. “ Change, continuity and originality in Kaldor's monetary theory ”. In Nicholas Kaldor and Mainstream Economics: Confrontation or Convergence?, Edited by: Nell, E., and Semmler, W., New York: St Martin's Press.
44. Lavoie, M., 1992. Foundations of Post-Keynesian Economic Analysis, Aldershot: Edward Elgar.
45. Lavoie, M., 1996. “ Loanable funds, endogenous money, and Minsky's financial fragility hypothesis ”. In Money, Financial Institutions and Macroeconomics, Edited by: Cohen, A., Hagemann, H., and Smithin, J., Boston: Kluwer Academic.
46. McCombie, J., and Thirlwall, A., 1994. Economic Growth and the Balance of Payments Constraint, New York: St Martin's Press.
47. Marglin, S., 1984. Growth, distribution and inflation. Cambridge Journal of Economics, 8: 115–144.
48. Minsky, H., 1957a. Central banking and money market changes. Quarterly Journal of Economics, 71 (2): 171–187.
49. Minsky, H., 1957b. Monetary systems and accelerator models. American Economic Review, 47 (6): 859–883.
50. Moore, B., 1991. Money supply endogeneity: ‘reserve price setting’ or ‘reserve quantity setting?’. Journal of Post Keynesian Economics, 13 (3): 404–413.
51. Musella, M., and Panico, C., 1993. “ Kaldor on endogenous money and interest rates ”. In Macroeconomic Theory: Diversity and Convergence, Edited by: Mongiovi, G., and Ruhl, C., Aldershot, UK: Edward Elgar.
52. Nell, E., 1985. Jean-Baptiste Marglin: a comment on ‘growth, distribution and inflation’. Cambridge Journal of Economics, 9: 173–178.
53. Nell, E., 1989. “ The rate of profit in Kalecki's theory ”. In Kalechi's Relevance Today, Edited by: Sebastiani, M., New York: St. Martin's Press.
54. Niggle, C. J., 1991. The endogenous money supply theory: an institutionalist appraisal. Journal of Economic Issues, 25 (1): 137–151.
55. Palumbo, A., 1996. Notes on investment, saving and growth. Contributions to Political Economy, 15: 105–115.
56. Pivetti, M., 1992. Military spending as a burden on growth: an ‘underconsumptionist’ critique. Cambridge Journal of Economics, 16: 375–384.
57. Pivetti, M., 1996. “ Joan Robinson and the rate of interest: an important change of view on a topical issue ”. In The Economics of Joan Robinson, Edited by: Marcuzzo, M., Pasinetti, L., and Roncaglia, A., London: Routledge.
58. Prebisch, R., 1959. Commercial policy in the underdeveloped countries. American Economic Review, May
59. Robinson, J., 1951. The Rate of Interest. Econometrica, 19 (2): 92–111.
60. Robinson, J., 1952. The Rate of Interest and Other Essays, London: Macmillan.
61. Robinson, J., 1956. The Accumulation of Capital, London: Macmillan.
62. Robinson, J., 1962. Essays in the Theory of Economic Growth, London: Macmillan.
63. Robinson, J., 1970. Quantity theories old and new: a comment. Journal of Money, Credit and Banking, 2: 504–512.
64. Rochon, L.-P., 1997. Keynes's finance motive: a reassessment, credit, liquidity preference and the rate of interest. Review of Political Economy, 9 (3): 277–293.
65. Rochon, L.-P., 2000. Credit, Money and Production: An Alternative Post-Keynesian Approach, Cheltenham: Edward Elgar.
66. Rochon, L.-P., 2000b. 1939–1958: was Kaldor an endogenist?. Metroeconomica, 51 (2): 191–220.
67. Roncaglia, A., 1991. The Sraffian schools. Review of Political Economy, 3 (2): 187–219.
68. Rousseas, S., 1960. Velocity changes and the effectiveness of monetary policy, 1951–1957. Review of Economics and Statistics, 42 (1): 27–36.
69. Rowthorn, R., 1981. Demand, real wages and economic growth. Studi Economici, 18
70. Serrano, F., 1995. Long period effective demand and the Sraffian supermultiplier. Contributions to Political Economy, 14: 67–90.
71. Smithin, J., 1994. Controversies in Monetary Economics: Ideas, Issues and Policy, Aldershot, UK: Edward Elgar.
72. Solow, R., 1956. A contribution to the theory of economic growth. Quarterly Journal of Economics, 70: 65–94.
73. Sraffa, P., 1960. Production of Commodities by Means of Commodities: Prelude too Critique of Economic Theory, Cambridge: Cambridge University Press.
74. Steindl, J., (1976) (1952). Maturity and Stagnation in American Capitalism, New York: Monthly Review Press.
75. Sylos-Labini, P., (1967) (1956). Oligopoly and Technical Progress, Cambridge: Harvard University Press.
76. Sylos-Labini, P., 1990. “ Sraffa's critique of the Marshallian theory of prices ”. In Essays on Piero Sraffa: Critical Perspectives on the Revival of Classical Theory, Edited by: Bharadwaj, K., and Schefold, B., London: Unwin & Hyman.
77. Targetti, F., 1992. Nicholas Kaldor: The Economics and Politics of Capitalism as a Dynamic System, Oxford: Clarendon Press.
78. Taylor, L., 1991. Income Distribution, Inflation, and Growth, Cambridge: MIT Press.
79. Thirlwall, A. P., 1979. The balance of payments constraint as an explanation of international growth rate differences. Banco Nationale del Lavoro Quarterly Review, March.
80. Thirlwall, A. P., 1987. Nicholas Kaldor, London: Wheatsheaf Books.
81. Wicksell, K., (1936) (1898). Interest and Prices, London: Macmillan.
82. Wray, R., 1992. “ Minsky's financial instability hypothesis and the endogeneity of money ”. In Financial conditions and Macreconomic Performance: Essays in Honor of Hyman P. Minsky, Edited by: Fazzari, S., and Papadimitriou, D., Armonk, NY: M.E. Sharpe.
83. Zannoni, D., and McKenna, E., 1981. A test of the monetarist ‘puzzle’. Journal of Post Keynesian Economics, 3 (4): 479–490.