Firm beliefs and long-run demand effects in a labor-constrained model of growth and distribution

One of the most debated questions in alternative macroeconomics regards whether demand policies have permanent or merely transitory effects. While demand matters in the long run in (neo-) Kaleckian economics, both economists operating within other Keynesian traditions (e.g. Skott 1989 ) as well as C...

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Bibliographic Details
Published in:Journal of evolutionary economics 2021-04, Vol.31 (2), p.353-377
Main Authors: Tavani, Daniele, Petach, Luke
Format: Article
Language:English
Subjects:
Analogy (Language change)
Beliefs
Changes
Coordination
Economic activity
Economic Growth
Economic Theory/Quantitative Economics/Mathematical Methods
Economics
Economics and Finance
Economists
Employment
Endogenous
Entrepreneurship
Equilibrium
Evolutionary economics
Fiscal policy
Growth rate
Innovations
Institutional/Evolutionary Economics
Labor
Macroeconomics
Microeconomics
Policy making
R & D/Technology Policy
Regular Article
Traditions
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