Debt and Endogenous Retention Rate in a Kaleckian Model of Accumulation with Productive Capacity Utilization
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| Format: | Artículo científico |
| Language: | en |
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Universidad Autónoma Metropolitana
2007
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| author | Sébastien Charles |
| author_facet | Sébastien Charles |
| contents | Debt and Endogenous Retention Rate in a Kaleckian Model of Accumulation with Productive Capacity Utilization Sébastien Charles Economía y Finanzas Debt Accumulation Retention Rate Kaleckian Model The Post-Keynesian theory of debt is examined from a different perspective. First, a standardmacromodel of capacity utilization and growth is presented. Then, the long-runbehaviour of this model by endogenizing the stock of debt and the corporate retention rateis taken into consideration. Subsequently, it is shown that a wide range of dynamicalbehaviours is plausible as also the fundamental role of firms adjustment speed to disequilibria. 2007 artículo científico 0185-3937 https://www.redalyc.org/articulo.oa?id=41305006 en http://www.redalyc.org/revista.oa?id=413 Análisis Económico application/pdf Universidad Autónoma Metropolitana Análisis Económico (México) Num.50 Vol.XXII |
| format | Artículo científico |
| id | redalyc_41305006 |
| institution | Redalyc |
| language | en |
| publishDate | 2007 |
| publisher | Universidad Autónoma Metropolitana |
| spellingShingle | Debt and Endogenous Retention Rate in a Kaleckian Model of Accumulation with Productive Capacity Utilization Sébastien Charles Economía y Finanzas Debt Accumulation Retention Rate Kaleckian Model Debt and Endogenous Retention Rate in a Kaleckian Model of Accumulation with Productive Capacity Utilization Sébastien Charles Economía y Finanzas Debt Accumulation Retention Rate Kaleckian Model The Post-Keynesian theory of debt is examined from a different perspective. First, a standardmacromodel of capacity utilization and growth is presented. Then, the long-runbehaviour of this model by endogenizing the stock of debt and the corporate retention rateis taken into consideration. Subsequently, it is shown that a wide range of dynamicalbehaviours is plausible as also the fundamental role of firms adjustment speed to disequilibria. 2007 artículo científico 0185-3937 https://www.redalyc.org/articulo.oa?id=41305006 en http://www.redalyc.org/revista.oa?id=413 Análisis Económico application/pdf Universidad Autónoma Metropolitana Análisis Económico (México) Num.50 Vol.XXII |
| title | Debt and Endogenous Retention Rate in a Kaleckian Model of Accumulation with Productive Capacity Utilization |
| topic | Economía y Finanzas Debt Accumulation Retention Rate Kaleckian Model |
| url | https://www.redalyc.org/articulo.oa?id=41305006 |