Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/246832 
Autor:innen: 
Erscheinungsjahr: 
2021
Schriftenreihe/Nr.: 
FMM Working Paper No. 67
Verlag: 
Hans-Böckler-Stiftung, Macroeconomic Policy Institute (IMK), Forum for Macroeconomics and Macroeconomic Policies (FMM), Düsseldorf
Zusammenfassung: 
A recent literature has explored the role of semi-autonomous demand growth. This paper builds on the literature by incorporating a Lernerian government semi-autonomous demand function and an endogenous supply-side. Our main purpose is threefold. First, we wish to contribute to the case for crowding-in effects, especially in the long-run. Second, we confirm the Keynesian/Kaleckian pedigree of the capital stock adjustment principle. Third, we contrast core post-Keynesian ideas on demand-led supply-side endogeneity with the alternative neo-Marxian neo-Harrodian proposition of an exogenously-given natural growth rate, and find the latter lacking.
Schlagwörter: 
Fiscal policy
Crowding-in
Semi-autonomous demand
Capital stock adjustment principle
JEL: 
B22
B50
E11
E20
E60
O42
Creative-Commons-Lizenz: 
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Dokumentart: 
Working Paper

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