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Post-Keynesian Theories of Distribution
1988The factor incomes that appear in post-Keynesian theories of income distribution are profits (a category that includes interest and rent, as well as dividends and retained earnings) and wages (a category that includes salaries, except possibly the salaries of higher business executives that may be considered part of profits).
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Market Microstructure and Post Keynesian Theory
Journal of Post Keynesian Economics, 1991(1991). Market Microstructure and Post Keynesian Theory. Journal of Post Keynesian Economics: Vol. 14, No. 2, pp. 233-247.
William M. Taylor, Edward E. Williams
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Post-Keynesian Theory: An Introduction
Challenge, 1978Ever since the marginalist revolution of the late nineteenth century, economic theory has become increasingly more elegant as a set of axiomatic statements about resource allocation under competitive market conditions. The precision with which assumptions are stated, the subtlety with which the logic is then pursued, and the rigor with which a proof is
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On the Post Keynesian Theory of Growth and 'Institutional' Distribution
Review of Political Economy, 2003The neo-Pasinetti model proposed by Nicholas Kaldor in 1966 represents a significant theoretical departure from the canonical Post Keynesian approach to growth and distribution. The most incisive objection to this model, originally raised by Paul Davidson, questions Kaldor's 'valuation theorem', which assigns to the rate of interest the role of ...
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A Post Keynesian Theory of the State
2006From the end of World War II until the mid-1970s, Keynesian macroeconomics dominated the discipline of economics, and developed economies performed extremely well. On every important measure of economic performance — unemployment, inflation, productivity growth and rising living standards — the 1950s, the 1960s and the early 1970s were a Golden Age of ...
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The Post Keynesian Theory of Price
2011Post Keynesianism is a relatively modern school of economic thought, originating in the mid-1970s, and ‘associated with the vision and ideas of the unorthodox Cambridge economists who rose to prominence in the wake of the Keynesian revolution’ (Dunn, 2000, p. 345).
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Gendering a post-Keynesian theory of financial crises
Studies in Political Economy / Recherches en économie politique, 2015This paper speculates about the meaningful integration of gender into a post-Keynesian macroeconomic theory of economic crises. It links main themes in feminist and other works with key elements of a post-Keynesian theory of crisis and highlights an important methodological challenge.
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Journal of economic education, 1983
Kregel provides the reader with an understanding of the evolution and current position of post-Keynesian economics. As in the past, its practitioners seek to explain the level of output and employment and its growth and distribution, recognizing “that money enters into the economic scheme in an essential and peculiar manner.”
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Kregel provides the reader with an understanding of the evolution and current position of post-Keynesian economics. As in the past, its practitioners seek to explain the level of output and employment and its growth and distribution, recognizing “that money enters into the economic scheme in an essential and peculiar manner.”
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The Neoclassical and a Post Keynesian Theory of Investment
Journal of Post Keynesian Economics, 1992(1992). The Neoclassical and a Post Keynesian Theory of Investment. Journal of Post Keynesian Economics: Vol. 14, No. 4, pp. 425-443.
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Post-Keynesian Theory: The Labor Market
Challenge, 1979The labor aspects of post-Keynesian theory have yet to be systematically developed. Still, as this article will attempt to show, it is possible to combine some widely agreed-upon tenets of post-Keynesian thought, such as the importance of the oligopoly sector, the nature of technology in industrialized countries, and the process of price formation by ...
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