Profits, Wages, and Productivity in the Business Cycle : A Kaldorian Analysis /
The purpose of this book is to explain the changes in specific macroeconomic variables such as the relative share of labour, the profit rate and the real wage rate in advanced capitalist economies, in relation to the influence of the business cycle in income distribution. To explain these changes th...
| Main Author: | |
|---|---|
| Corporate Author: | |
| Format: | eBook |
| Language: | English |
| Published: |
Dordrecht :
Springer Netherlands,
1997.
|
| Subjects: | |
| Online Access: | Connect to the full text of this electronic book |
| Summary: | The purpose of this book is to explain the changes in specific macroeconomic variables such as the relative share of labour, the profit rate and the real wage rate in advanced capitalist economies, in relation to the influence of the business cycle in income distribution. To explain these changes the author examines three types of theory - Kaldorian theory, the Real Business Cycle theory, and the new Keynesian theory - with a specific focus on Kaldor's approach. |
|---|---|
| Item Description: | Electronic resource. |
| Physical Description: | 1 online resource (xxiii, 160 pages) |
| ISBN: | 9789401153768 (electronic bk.) 9401153760 (electronic bk.) |