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financialisation-distribution nexus is examined for the three countries. Third, macroeconomic demand and growth regimes are analysed …
Persistent link: https://www.econbiz.de/10011844758
In this paper we analyse the effects of financialisation on income distribution, before and after the Great Financial … Crisis and the Great Recession. The focus is on functional income distribution and thus on the relationship between … financialisation and the wage share or the gross profit share. The analysis is based on a Kaleckian theory of income distribution …
Persistent link: https://www.econbiz.de/10011621286
examines the effects of an increasing dominance of finance since the early/mid 1990s on income distribution, investment in …
Persistent link: https://www.econbiz.de/10010433934
We present an investigation into the long-run effects of financialisation on income distribution before the financial … approach towards the examination of the effects of financialisation on income distribution, as suggested by Hein (2014a). First …, we show that Germany saw considerable re-distribution of income starting in early 1980s, which accelerated in the early …
Persistent link: https://www.econbiz.de/10010408322
This paper analyses the long-run effects of financialisation and of the recent financial and economic crises for 15 countries. In order to provide a theoretical framework, we first outline three types of regimes under the conditions of financialisation, namely a debtled private demand boom, an...
Persistent link: https://www.econbiz.de/10011311194
Persistent link: https://www.econbiz.de/10011882513
functional income distribution in an environment of financialization. Following this approach, we expect financialization to … the channels before and after the Great Financial Crisis and the Great Recession for Austria and Finland. Overall, we find … evidence for all three re-distributional channels contributing to the changes in functional income distribution. The …
Persistent link: https://www.econbiz.de/10014502569
financialisation-distribution nexus is examined for the three countries. Third, macroeconomic demand and growth regimes are analysed …
Persistent link: https://www.econbiz.de/10011847074
In this paper we analyse the effects of financialisation on income distribution, before and after the Great Financial … Crisis and the Great Recession. The focus is on functional income distribution and thus on the relationship between … financialisation and the wage share or the gross profit share. The analysis is based on a Kaleckian theory of income distribution …
Persistent link: https://www.econbiz.de/10011625909
Persistent link: https://www.econbiz.de/10012006130