Debt and Endogenous Retention Rate in a Kaleckian Model of Accumulation with Productive Capacity Utilization
The Post-Keynesian theory of debt is examined from a different perspective. First, a standard macromodel of capacity utilization and growth is presented. Then, the long-run behaviour of this model by endogenizing the stock of debt and the corporate retention rate is taken into consideration. Subsequ...
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Formato: | Artículo científico |
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Universidad Autónoma Metropolitana Unidad Azcapotzalco
2007
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Acceso en línea: | http://www.redalyc.org/articulo.oa?id=41305006 http://biblioteca.clacso.edu.ar/gsdl/cgi-bin/library.cgi?a=d&c=mx/mx-022&d=41305006oai |
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id |
I16-R122-41305006oai |
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record_format |
dspace |
institution |
Consejo Latinoamericano de Ciencias Sociales |
institution_str |
I-16 |
repository_str |
R-122 |
collection |
Red de Bibliotecas Virtuales de Ciencias Sociales (CLACSO) |
topic |
Economía y Finanzas Retention Rate Debt Accumulation Kaleckian Model |
spellingShingle |
Economía y Finanzas Retention Rate Debt Accumulation Kaleckian Model Sébastien Charles Debt and Endogenous Retention Rate in a Kaleckian Model of Accumulation with Productive Capacity Utilization |
topic_facet |
Economía y Finanzas Retention Rate Debt Accumulation Kaleckian Model |
description |
The Post-Keynesian theory of debt is examined from a different perspective. First, a standard macromodel of capacity utilization and growth is presented. Then, the long-run behaviour of this model by endogenizing the stock of debt and the corporate retention rate is taken into consideration. Subsequently, it is shown that a wide range of dynamical behaviours is plausible as also the fundamental role of firms adjustment speed to disequilibria. |
format |
Artículo científico Artículo científico |
author |
Sébastien Charles |
author_facet |
Sébastien Charles |
author_sort |
Sébastien Charles |
title |
Debt and Endogenous Retention Rate in a Kaleckian Model of Accumulation with Productive Capacity Utilization |
title_short |
Debt and Endogenous Retention Rate in a Kaleckian Model of Accumulation with Productive Capacity Utilization |
title_full |
Debt and Endogenous Retention Rate in a Kaleckian Model of Accumulation with Productive Capacity Utilization |
title_fullStr |
Debt and Endogenous Retention Rate in a Kaleckian Model of Accumulation with Productive Capacity Utilization |
title_full_unstemmed |
Debt and Endogenous Retention Rate in a Kaleckian Model of Accumulation with Productive Capacity Utilization |
title_sort |
debt and endogenous retention rate in a kaleckian model of accumulation with productive capacity utilization |
publisher |
Universidad Autónoma Metropolitana Unidad Azcapotzalco |
publishDate |
2007 |
url |
http://www.redalyc.org/articulo.oa?id=41305006 http://biblioteca.clacso.edu.ar/gsdl/cgi-bin/library.cgi?a=d&c=mx/mx-022&d=41305006oai |
work_keys_str_mv |
AT sebastiencharles debtandendogenousretentionrateinakaleckianmodelofaccumulationwithproductivecapacityutilization |
bdutipo_str |
Repositorios |
_version_ |
1764820423472578560 |