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This book reconsiders and analyses the different approaches historically proposed in the literature on growth and distribution. The contributors have achieved, through a comprehensive and cohesive analysis of the approaches of different schools of thought, a wide-ranging interpretation of a variety of important economic phenomena. The book identifies elements characterising each approach and tries to derive from them a range of insights into the complexity of the growth process.Classical, Neoclassical and Keynesian Views on Growth and Distribution is an original, insightful and thought-provoking book which, it is intended, will generate further research in the area of growth and income distribution.The book will appeal to scholars and researchers at many different levels of academe, and in many different schools of thought, interested in the theory of economic growth and in the analysis of the complexity of growth processes.
Edited by Neri Salvadori, Professor of Economics, University of Pisa, Italy and Carlo Panico, National Autonomous University of Mexico, Mexico
Contents: IntroductionCarlo Panico and Neri SalvadoriPart I: Classical Views1. Growth and Distribution: A Return to the Classical TraditionRenato Balducci2. Natural Wage Dynamics in a Ricardian Growth ModelDavide Fiaschi and Rodolfo Signorino3. Co-evolution of Population and Natural Resources: A Simple Ricardian ModelSimone D’Alessandro4. Some Aspects of Structural Change in Marx’s AnalysisMaria Daniela GiammancoPart II: Neoclassical Views5. Growth, Income Distribution and Age Heterogeneity in the Neoclassical Economy: A Potential Conflict between Dynamic Efficiency and EquityLuciano Fanti and Piero Manfredi6. Distribution and Growth in the Neoclassical TraditionsMario Pomini7. Reconsidering the Early Marginal Productivity Theory of Distribution and InterestArrigo Opocher8. Tobin Financial Growth Models: A ReconstructionMichele LimosaniPart III: Keynesian Views9. Unemployment and Growth: A Critical SurveyEnrico Bellino10. Growth, Unemployment and Wages: Disequilibrium Models with Increasing ReturnsLuciano Boggio11. Behind Goodwin’s Real Wage Function: Which Kind of Labour Market?Giuseppe Mastromatteo12. Entry and Stationary Equilibrium Prices in a Post-Keynesian Growth ModelAntonio D’Agata13. Are Kalekian Models Relevant in the Long Run?Pasquale CommendatoreIndex
John Vint, J. Stanley Metcalfe, Heinz D. Kurz, Neri Salvadori, Paul Samuelson, UK) Vint, John (Manchester Metropolitan University, Austria) Kurz, Heinz D. (University of Graz, Italy) Salvadori, Neri (University of Pisa, USA) Samuelson, Paul (Massachusetts Institute of Technology