This paper surveys current debates on the distributive cycle. The literature builds on
Goodwin's seminal 1967 chapter titled “A growth cycle.” We review theoretical motivations …

This article develops a theoretical model integrating wealth concentration and taxation to the
feminist post-Kaleckian models. We estimate the model econometrically using an …

This paper discusses the neoclassically-inspired Secular Stagnation Theory. Its 'demand-
side'explanation is based on a long-run equilibrium position featuring a negative natural rate …

This paper combines induced innovation and endogenous growth to investigate two issues:
the relation between the wage share and labor productivity growth and the potential …

The stylized facts of neoliberalism include a decline in steady state rate of growth and labor
share. Recent classical-Keynesian literature sees the latter as a cause for the former. A …

An important question in alternative economic theories has to do with the relationship
between the functional income distribution and the growth rate of labor productivity …

We study a two-class model of growth and the distribution of income and wealth at the
intersection of contemporary work in classical political economy and post-Keynesian …

Post-Keynesian macrodynamics is designed to extend the role of demand in the
determination of real economic outcomes beyond the short run. The purpose of this paper is …

This paper presents a labor‐constrained aggregate model of growth that explains stagnation
and inequality as the result of structural change, which is defined as an exogenous increase …

If Piketty's main theoretical prediction (r> g leads to rising wealth inequality) is taken to its
radical conclusion, then a small elite will own all wealth if capitalism is left to its own devices …