Money, distribution conflict and capital accumulation
Subtitle: contributions to 'monetary analysis'
By: Eckhard Hein
Publisher: Pelgrave Macmillan
Published: 2008
Place of publication: Basingstoke; New York
Language: eng
Number of pages: 214
ISBN-13: 9780230521575
Subjects: Monetary policy; Saving and investment; Credit
Notes: Includes bibliographical references (p. 189-209) and index
Table of contents: title: Foreword / by Philip Arestis; title: Acknowledgements; title: List of figures and tables; title: List of variables; title: Introduction; title: Real and monetary analysis in economic paradigms; title: Real and monetary analysis in economic paradigms: introduction; title: Real analysis in classical, neoclassical, neoclassical synthesis, monetarist; title: New classical, new Keynesian, and new consensus theories; title: Monetary analysis in classical economics: banking school and neo-Ricardian monetary theory of distribution; title: Monetary analysis in Marx's economics; title: Marx's 'monetary theory of value'; title: The level of prices, the rejection of Say's Law and the endogeneity of money; title: Credit, rate of interest and rate of profit; title: Implications of Marx's monetary analysis for the theory of accumulation and crisis; title: Keynes's 'monetary theory of production' and the post-Keynesian research programme; title: Keynes's 'monetary theory of production'; title: The development of the post-Keynesian research programme; title: Fundamental uncertainty, liquidity premium and the interest rate; title: Interest rate, profit rate and investment; title: Exogenous interest rate and endogenous credit and money; title: The horizontalist view; title: The structuralist view; title: A reconciliation?; title: Summary of post-Keynesian monetary analysis; title: Real and monetary analysis in economic paradigms: summary and implications for the analysis of monetary policy, distribution and capital accumulation; title: Interest rate, distribution and capital accumulation - post-Keynesian models; title: Interest rate, distribution and capital accumulation - post-Keynesian models:; title: Introduction; title: Post-Keynesian monetary theory and the models of distribution and growth; title: The model economy; title: Production, prices, interest, and credit; title: Endogenous money, credit and finance in a monetary circuit; title: Interest rate and functional income distribution; title: The rate of interest in the Kaldor-Robinson-model of distribution and growth; title: The model; title: Limitations of the model; title: The rate of interest in Kaleckian models of distribution and growth; title: The basic structure: endogenous rate of capacity utilisation, mark-up pricing, and classical saving hypothesis; title: The choice of the investment function; title: The rate of interest in the Rowthorn-Dutt-Amadeo-model; title: The rate of interest in the Bhaduri/Marglin-model; title: Kaleckian models extended; title: Extensions; title: The debt-capital-ratio; title: Interest rate and the mark-up; title: Interest rate and saving; title: The Rowthorn-Dutt-Amadeo-model extended; title: The basic model; title: Short-run equilibrium; title: Long-run equilibrium; title: Model behaviour in the face of interest rate variations: a simple case; title: The Bhaduri/Marglin-model extended; title: The basic model; title: Short-run equilibrium; title: Long-run equilibrium; title: Model behaviour in the face of interest rate variations: a simple case; title: Interest rate, distribution and accumulation in post-Keynesian models:; title: Summary and conclusions; title: Distribution conflict, inflation and monetary policy in a credit economy; title: Distribution conflict, inflation and monetary policy in a credit economy:; title: Introduction; title: A Kaleckian alternative to the new consensus on monetary policy and wage; title: Bargaining: trying to make sense of the NAIRU; title: Introduction; title: The basic model; title: Employment, wage bargaining and inflation: the GERE and the SIRE; title: The short-run stability of the NAIRU/the SIRE; title: No monetary policy intervention; title: Monetary policy intervention; title: The long-run endogeneity of the NAIRU/the SIRE; title: Results and implications for monetary policy and wage bargaining; title: On the (in-)stability and the endogeneity of the normal rate of capacity; title: Utilisation in a post-Keynesian/Kaleckian 'monetary' distribution and growth model; title: Introduction; title: The basic model; title: Capacity utilisation, wage bargaining, inflation and monetary policy; title: Intervention: the GERCU and the SIRCU; title: Short-run stability of the SIRCU and monetary policy interventions; title: The long-run endogeneity of the SIRCU; title: The paradox of thrift and the paradox of costs; title: The paradox of thrift; title: The paradox of costs; title: Conclusions; title: Summary and conclusions; title: Notes; title: References; title: Index