A note on the long-run behaviour of Kaleckian models

Review of Political Economy

Volumn 18, Issue 4, 2006, Pages 497-508

  Cassetti, Mario ^a  

^a UNIVERSITY OF BRESCIA   (Italy)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 33750207792     PISSN: 09538259     EISSN: 14653982     Source Type: Journal    
DOI: 10.1080/09538250600915683     Document Type: Review

References (31)

1. Bhaduri, A. (1972) Unwanted amortization funds: a mathematical treatment, Economic Journal, 82, pp. 674-677.
2. Bhaduri, A. & Marglin, S. (1990) Unemployment and the real wage: the economic basis for contesting political ideologies, Cambridge Journal of Economics, 14, pp. 375-393.
3. Blanchard, O. (1997) The medium run, Brookings Papers on Economic Activity, 2, pp. 89-141.
4. Blecker, R. (2002) Distribution, demand and growth in neo-Kaleckian macro-models, in: M. Setterfield (Ed.) The Economics of Demand-led Growth. Challenging the Supply-side Vision of the Long Run (Cheltenham: Edward Elgar).
5. Cassetti, M. (2002) Conflict, inflation, distribution and terms of trade in the Kaleckian model, in: M. Setterfield (Ed.) The Economics of Demand-led Growth. Challenging the Supply-side Vision of the Long Run (Cheltenham: Edward Elgar).
6. Cassetti, M. (2003) Bargaining power, effective demand and technical progress: a Kaleckian model of growth, Cambridge Journal of Economics, 27, pp. 449-464.
7. Cornwall, J. & Cornwall, W. (2001) Capitalist Development in the Twentieth Century, An Evolutionary Keynesian Analysis (Cambridge: Cambridge University Press).
8. Chick, V. & Caserta, M. (1997) Provisional equilibrium and macroeconomic theory, in: P. Arestis, G. Palma & M. Sawyer (Eds) Markets, Unemployment and Economic Policy: Essays in Honour of Geoff Harcourt, Vol. 2 (London: Routledge).
9. Cordero, J. A. (2002) A model of growth and conflict for a small open economy, Metroeconomica, 53, pp. 261-289.
10. Courvisanos, J. (1996) Investment Cycles in Capitalist Economies. A Kaleckian Behavioural Contribution (Cheltenham: Elgar).
11. Dalziel, P. (1990) Market Power, inflation, and incomes policies, Journal of Post Keynesian Economics, 12, pp. 425-438.
12. Dutt, A.K. (1992) Conflict inflation, distribution, cyclical accumulation and crises, European Journal of Political Economy, 8, pp. 579-597
13. Dutt, A.K. (1995) Internal finance and monopoly power in capitalist economies: a reformulation of Steindl's growth model, Metroeconomica, 46, pp. 16-34.
14. Dutt, A.K. (1997) Equilibrium. Path dependence and hysteresis in Post-Keynesian models, in: P. Arestis, G. Palma & M. Sawyer (Eds) Markets, Unemployment and Economic Policy: Essays in Honour of Geoff Harcourt, Vol. 2 (London: Routledge).
15. Harrod, R.F. (1970) Replacements, net investment, amortization funds, Economic Journal, 80, pp. 24-31.
16. Kalecki, M. (1971) Selected Essays in the Dynamics of the Capitalist Economy, (Cambridge: Cambridge University Press).
17. Kurz, H.D. (1990) Capital, Distribution and Effective Demand (Cambridge: Polity Press).
18. Lavoie, M. (1992) Foundations of Post-Keynesian Economic Analysis (Aldershot: Edward Elgar).
19. Lavoie, M. (1995) The Kaleckian model of growth and distribution and its neo-Ricardian and neo-Marxist critiques, Cambridge Journal of Economics, 19, pp. 789-818.
20. Lavoie, M. (1996) Traverse, hysteresis, and normal rates of capacity utilization in Kaleckian models of growth and distribution, Review of Radical Political Economics, 28, pp. 113-147.
21. Lavoie, M. (2002) The Kaleckian growth model with target return pricing and conflict inflation, in: M. Setterfield (Ed.) The Economics of Demand-led Growth. Challenging the Supply-side Vision of the Long Run (Cheltenham: Edward Elgar).
22. Lavoie, M. & Seccareccia, M. (2001) Post-Keynesian and Marxist economics: twins or distant cousins? (Department of Economics, University of Ottawa).
23. Marglin, S. (1984) Growth, Distribution and Prices (Cambridge, MA: Harvard University Press).
24. Mott, T. & Slattery E. (1994) The influence of changes in income distribution on aggregate demand in a Kaleckian model: stagnation vs exhilaration reconsidered, in: P. Davidson & J. Kregel (Eds) Employment, Growth and Finance. Economic Reality and Economic Growth (Aldershot: Elgar).
25. Palley, T. (1998) Macroeconomics with conflict and income distribution, Review of Political Economy, 10, pp. 329-342.
26. Rowthorn, R. (1977) Conflict, inflation and money, Cambridge Journal of Economics, 1, pp. 215-239.
27. Screpanti, E. (2000) Wages, employment and militancy: a simple model and some empirical tests, Review of Radical Political Economics, 32, pp. 171-196.
28. Setterfield, M. & Cornwall, J. (2002) A neo-Kaldorian perspective on the rise and decline of the Golden Age, in: M. Setterfield (Ed.) The Economics of Demand-led Growth. Challenging the Supply-side Vision of the Long Run (Cheltenham: Edward Elgar).
29. Soskice, D. & Carlin, W. (1989) Medium-run Keynesianism: hysteresis and capital scrapping, in: P. Davidson & J. Kregel (Eds) Macroeconomic Problems and Policies of Income Distribution (Aldershot: Edward Elgar).
30. Steindl, J. (1979) Stagnation theory and stagnation policy, Cambridge Journal of Economics, 3, pp.1-14.
31. Taylor, L. (1985) A stagnationist model of economic growth, Cambridge Journal of Economics, 9, pp. 383-403.