## Money, Distribution Conflict and Capital Accumulation: Contributions to 'Monetary Analysis'This book examines real and monetary analysis in economic paradigms and looks at real analysis in a range of economic theories. The book also examines interest rate, distribution and capital accumulation through post-Keynesian models, including the Kaldor-Robinson and Kaleckian models, and distribution conflict, inflation and monetary policy in a credit economy. |

### From inside the book

Results 1-3 of 86

Page 14

proposes a closure by a given rate of profit determined by the

closure was already suggested by Sraffa himself: The rate of profits, as a ratio,

has a significance which is independent of any prices, and can well be 'given' ...

proposes a closure by a given rate of profit determined by the

**rate of interest**. Thisclosure was already suggested by Sraffa himself: The rate of profits, as a ratio,

has a significance which is independent of any prices, and can well be 'given' ...

Page 25

of

this it follows that Marx's determination of income shares takes place in two

stages. In the first stage, Marx considers the

...

of

**interest**. It is high or low in inverse proportion to it. (Marx 1894, p. 379) Fromthis it follows that Marx's determination of income shares takes place in two

stages. In the first stage, Marx considers the

**rate**of profit to be determined by the...

Page 58

and the real wage rate becomes a residual. Simultaneously, the

determines the volume of reproducible capital goods and hence output and

capital accumulation adversely. In Post-Keynesian theory, however, it has not yet

been ...

and the real wage rate becomes a residual. Simultaneously, the

**rate of interest**determines the volume of reproducible capital goods and hence output and

capital accumulation adversely. In Post-Keynesian theory, however, it has not yet

been ...

### What people are saying - Write a review

We haven't found any reviews in the usual places.

### Contents

Money Distribution Conflict and Capital | 1 |

Introduction to Part I | 7 |

Banking School | 13 |

Copyright | |

11 other sections not shown

### Other editions - View all

Money, Distribution Conflict and Capital Accumulation: Contributions to ... E. Hein Limited preview - 2007 |

### Common terms and phrases

assumed base rate capacity utilization capital accumulation capital stock capitalist central bank central bank money chapter commercial banks commodity Consensus models credit money debt determined distribution and growth distribution conflict effective demand effects of changes effects of interest effects of monetary employment equation equilibrium debt-capital ratio equilibrium rate firms GERCU GERE growth models hence inflation rates interest rate variations internal funds investment decisions investment function Kaldor Kalecki Kaleckian models Keynes Keynes's Keynesian Lavoie liquidity preference long-run equilibrium long-term macroeconomic market equilibrium Marx Marx's monetary analysis monetary circuit monetary policy interventions monetary theory monetary variables NAIRU Neo-Ricardian nominal wage normal rate output paradox of thrift Phillips curve production profit of enterprise profit rate profit share propensity to save rate of capacity rate of interest rate of profit real analysis real interest rate real wage rate rentiers Say's law short-run SIRCU SIRE supply target real wage wage bargaining wage-led

### References to this book

Finance-led Capitalism?: Macroeconomic Effects of Changes in the Financial ... Eckhard Hein No preview available - 2008 |