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A Steindlian account of the distribution of corporate profits and leverage: A stock-flow consistent macroeconomic model with agent-based microfoundations
Preprint / Working Paper

Post Keynesian economics has largely forgotten Steindl's insight that monopolisation of the corporate sector redistributes profits to those firms least likely to invest them productively. Agent-based methods can be used to incorporate Steindl's insig... Read More about A Steindlian account of the distribution of corporate profits and leverage: A stock-flow consistent macroeconomic model with agent-based microfoundations.

Robert Lucas and the twist of modeling methodology. On some econometric methods and problems in New Classical macroeconomics
Preprint / Working Paper

The purpose of this contribution to the epistemology and history of recent macroeconomics is to construct a clear understanding of econometric methods and problems in New Classical macroeconomics.

Most historical literature has focused (so far) on... Read More about Robert Lucas and the twist of modeling methodology. On some econometric methods and problems in New Classical macroeconomics.

Working paper no. 41: Factors generating and transmitting the crisis: Functional distribution of income
Preprint / Working Paper

The distribution of income between capital and labour has, until very recently, been ignored by the majority of the economics profession. At the same time, the rate of wage growth has systematically lagged the growth of productivity, leading to a fal... Read More about Working paper no. 41: Factors generating and transmitting the crisis: Functional distribution of income.