Search Results - "Eckhard Hein"

Secular stagnation or stagnation policy? Steindl after Summers by Hein, Eckhard

“…The current debate on secular stagnation is suffering from some vagueness and several shortcomings. The same is true for the economic policy implications…”
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Finance-dominated capitalism, re-distribution, household debt and financial fragility in a Kaleckian distribution and growth model by Hein, Eckhard

“…In a Kaleckian distribution and growth model with workers' debt we examine the short and long run effects of three stylized facts of "finance-dominated…”
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INTEREST RATE, DEBT, DISTRIBUTION AND CAPITAL ACCUMULATION IN A POST-KALECKIAN MODEL by Hein, Eckhard

“…ABSTRACT In the present paper we extend Lavoie's (Metroeconomica, 1995, vol. 46, pp. 146–177) ‘Minsky–Steindl’ model, building our analysis on a Kaleckian…”
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Sparen und Investieren im 21. Jahrhundert – die post-keynesianische Perspektive by Hein, Eckhard

“…Seit dem Ausbruch der Wirtschafts- und Finanzkrise wird die lang anhaltende Niedrigzinsphase zunehmend kontrovers diskutiert. Dabei kommt dem Zusammenhang…”
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Interest rates, distribution and capital accumulation - A post-Kaleckian perspective on the US and Germany by Hein, Eckhard, Schoder, Christian

“…We analyse the effects of interest rate variations on the rates of capacity utilisation, capital accumulation and profit in a simple post-Kaleckian…”
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HARRODIAN INSTABILITY AND THE 'NORMAL RATE' OF CAPACITY UTILIZATION IN KALECKIAN MODELS OF DISTRIBUTION AND GROWTH-A SURVEY by Hein, Eckhard, Lavoie, Marc, van Treeck, Till

“…ABSTRACT Starting from potential Harrodian instability in the Kaleckian distribution and growth model we survey Kaleckian reactions put forward to avoid or to…”
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Opportunities and limits of rebalancing the Eurozone via wage policies: Theoretical considerations and empirical illustrations for the case of Germany by Eckhard Hein, Achim Truger

“…In this paper we discuss the relationship between the current account rebalancing in the Eurozone, income distribution and wage policies with a focus on the…”
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Post-Keynesian alternative policies to curb macroeconomic imbalances in the Euro area by Hein, Eckhard, Detzer, Daniel

“…In this paper we outline alternative post-Keynesian policy recommendations addressing the problems of differential inflation, divergence in competitiveness and…”
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Fiscal policy and rebalancing in the euro area: A critique of the German debt brake from a post-Keynesian perspective by Hein, Eckhard, Truger, Achim

“…The German debt brake is often regarded as a great success story and has therefore served as a role model for the Euro area and it?s Fiscal Compact. In this…”
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Financialisation and tendencies towards stagnation: the role of macroeconomic regime changes in the course of and after the financial and economic crisis 2007–09 by Hein, Eckhard

“…Abstract This paper argues that the re-emergence of stagnation tendencies in modern capitalism can be related to financialisation and its macroeconomic…”
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Autonomous government expenditure growth, deficits, debt, and distribution in a neo-Kaleckian growth model by Hein, Eckhard

“…This article is linked to some recent attempts at including a noncapacity creating autonomous expenditure category as the driver and determinant of growth into…”
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Finance-dominated capitalism and re-distribution of income: a Kaleckian perspective by Hein, Eckhard

“…In this article a major channel through which financialisation or finance-dominated capitalism affects macroeconomic performance is examined: the distribution…”
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Welfare models and demand-led growth regimes before and after the financial and economic crisis by Hein, Eckhard, Meloni, Walter Paternesi, Tridico, Pasquale

“…Connecting comparative political economy (CPE) approaches, as the Varieties of Capitalism (VoC) theory, with post-Keynesian (PK) research on different demand…”
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Gender Issues in Kaleckian Distribution and Growth Models: On the Macroeconomics of the Gender Wage Gap by Hein, Eckhard

“…We introduce a gender wage gap into basic one-good textbook versions of the neo-Kaleckian distribution and growth model for a developed capitalist economy and…”
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The crisis of finance-dominated capitalism in the euro area, deficiencies in the economic policy architecture, and deflationary stagnation policies by Hein, Eckhard

“…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…”
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Stability issues in Kaleckian models driven by autonomous demand growth—Harrodian instability and debt dynamics by Hein, Eckhard, Woodgate, Ryan

“…Sraffian supermultiplier models, as well as Kaleckian distribution and growth models that make use of non-capacity creating autonomous demand growth to cope…”
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Sparen und Investieren im 21. Jahrhundert--die post-keynesianische Perspektive by Hein, Eckhard

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The Eurozone in Crisis - A Kaleckian Macroeconomic Regime and Policy Perspective by Hein, Eckhard, Martschin, Judith

“…The current Covid-19 Crisis 2020 has hit the Eurozone in a highly fragile situation, with a weak and asymmetric recovery from the Great Financial Crisis, the…”
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"Financialization," distribution, capital accumulation, and productivity growth in a post-Kaleckian model by Hein, Eckhard

“…Focusing on the long-run effects of "financialization" and increasing shareholder power in a simple post-Kaleckian endogenous growth model, this paper examines…”
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Kaleckian Models of Conflict Inflation, Distribution and Employment: A Comparative Analysis by Hein, Eckhard, Häusler, Christoph

“…This paper conducts a systematic comparison of two main textbook variants within the Kaleckian tradition of post-Keynesian conflict inflation and distribution…”
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