Results 141 to 150 of about 337 (222)

Institutional Changes, Effective Demand, and Inequality: A Structuralist Model of Secular Stagnation

open access: yesMetroeconomica, EarlyView.
ABSTRACT This paper addresses the factors driving economic stagnation and inequality in the US over recent decades. We study a demand‐driven model with joint adjustment of the functional distribution and capacity utilization in the short run, and explore the dynamics of wealth accumulation and labor productivity growth in the long run.
Vinicius Curti Cícero, Daniele Tavani
wiley   +1 more source

Pseudo, or Not? Neo‐Goodwinian Growth Cycles With Financial Linkages

open access: yesMetroeconomica, EarlyView.
ABSTRACT A profit‐led Goodwin mechanism generates the observed counterclockwise activity–labor share cycle. Introducing a financial linkage can reproduce this pattern even when demand is not profit‐led. This paper extends neo‐Goodwinian theory by incorporating the valuation ratio into a four‐dimensional model.
Rudiger von Arnim, Luis Felipe Eick
wiley   +1 more source

Selecting Immigrants by Skill and Global Inequality

open access: yes
Journal of Social Philosophy, EarlyView.
Rufaida Al Hashmi
wiley   +1 more source

Using Celebrity to Advance Equality

open access: yes
Journal of Social Philosophy, EarlyView.
Alfred Archer
wiley   +1 more source

Aggregation and the Structure of Value

open access: yesNoûs, EarlyView.
ABSTRACT Roughly, the view I call “Additivism” sums up value across time and people. Given some standard assumptions, I show that Additivism follows from two principles. The first says that how lives align in time cannot, in itself, matter. The second says, roughly, that a world cannot be better unless it is better within some period or another.
Weng Kin San
wiley   +1 more source

A Formal Theory of Robert Nozick's Framework for Utopia

open access: yesNoûs, EarlyView.
ABSTRACT This paper offers the very first formal model of Robert Nozick's model of possible worlds and his vision of a utopian society, as outlined in Part III of Anarchy, State, and Utopia. Nozick envisioned utopia as a meta‐utopia—a collection of self‐organized, voluntary sub‐communities—arguing that such an institutional framework is equivalent to ...
Susumu Cato, Hun Chung
wiley   +1 more source

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