Debt-driven growth? Wealth, distribution and demand in OECD countries
Debt-driven growth? Wealth, distribution and demand in OECD countries
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Author / Creator
Publisher
Oxford University Press
Journal title
Language
English
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Publisher
Oxford University Press
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Scope and Contents
Contents
The paper investigates the effects of changes in the distribution of income and wealth on aggregate demand and its components. The model of Bhaduri and Marglin is extended to include personal income inequality as well as asset prices and debt. This allows for an evaluation of the wage- or profit-led nature of demand regimes, of the expenditure casc...
Alternative Titles
Full title
Debt-driven growth? Wealth, distribution and demand in OECD countries
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Author / Creator
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Record Identifier
TN_cdi_crossref_primary_10_1093_cje_bev070
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_crossref_primary_10_1093_cje_bev070
Other Identifiers
ISSN
0309-166X
E-ISSN
1464-3545
DOI
10.1093/cje/bev070