On the importance of the retention ratio in a Kaleckian distribution and growth model with debt accumulation-a comment on Sasaki and Fujita (2012)

Metroeconomica

Volumn 64, Issue 1, 2013, Pages 186-196

  Hein, Eckhard ^a,b  

^a BERLIN SCHOOL OF ECONOMICS AND LAW   (Germany)

^b Institute for International Political Economy (IPE)   (Germany)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 84871977341     PISSN: 00261386     EISSN: 1467999X     Source Type: Journal    
DOI: 10.1111/meca.12002     Document Type: Article

References (11)

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3. Hein, E. (2007): 'Interest rate, debt, distribution and capital accumulation in a post-Kaleckian model', Metroeconomica, 57, pp. 310-339.
4. Hein, E. (2011): 'Financialisation', distribution and growth', in Hein, E., Stockhammer, E. (eds): A Modern Guide to Keynesian Macroeconomics and Economic Policies, Edward Elgar, Cheltenham.
5. Hein, E., Schoder, C. (2011): 'Interest rates, distribution and capital accumulation-a post-Kaleckian perspective on the US and Germany', International Review of Applied Economics, 25, pp. 693-723.
6. Kalecki, M. (1937): 'The principle of increasing risk', Economica, 4, pp. 440-447.
7. Lavoie, M. (1995): 'Interest rates in post-Keynesian models of growth and distribution', Metroeconomica, 46, pp. 146-177.
8. Onaran, Ö., Stockhammer, E., Grafl, L. (2011): 'Financialisation, income distribution and aggregate demand in the USA', Cambridge Journal of Economics, 35, pp. 637-661.
9. Sasaki, H., Fujita, S. (2012): 'The importance of the retention ratio in a Kaleckian model with debt accumulation', Metroeconomica, 63, pp. 417-428.
10. Steindl, J. (1976): Maturity and Stagnation in American Capitalism, 2nd edn, Monthly Review Press, New York, London.
11. Van Treeck, T. (2008): 'Reconsidering the investment-profit nexus in finance-led economies: an ARDL-based approach', Metroeconomica, 59, pp. 371-404.