We analyse the relationship between functional income distribution and economic growth in
Austria, France, Germany, the Netherlands, the UK and the USA from 1960 until 2005. The …

A conference was held under the aegis of the UK's 'Government Economic Service', 30
November 2005, under the title 'Is There a New Consensus in Macroeconomics?', and a …

Presenting an in-depth overview of the foundations and developments of post-Keynesian
macroeconomics since Kalecki and Keynes, this timely book develops a comprehensive …

In this paper the main developments in post-Keynesian macroeconomics since the mid
1990s will be reviewed. For this purpose the main differences between heterodox …

This paper argues that the re-emergence of stagnation tendencies in modern capitalism can
be related to financialisation and its macroeconomic failures leading to the recent crises …

In this paper, the euro crisis is interpreted as the latest episode of the crisis of finance-
dominated capitalism. Against this background, the euro crisis and the economic policy …

The study examined the impact of government debt on economic growth through extensive
review of relevant theoretical and empirical literature. Governments borrow to cover budget …

New Consensus Models (NCMs) have been criticised by Post-Keynesians for a variety of
reasons, and amendments or alternatives have been presented. The present paper attempts …

We analyse the effects of interest rate variations on the rates of capacity utilisation, capital
accumulation and profit in a simple post-Kaleckian distribution and growth model. This …

This book analyses how the economic crisis in the 1970s led to the erosion of the regulated
type of capitalism that came to be in place after World War II, and paved the way to a …