Income Distribution, Growth and Unemployment

Piero Ferri, Professor Emeritus of Economics, University of Bergamo, Italy

• Contents: Preface 1. Introduction to Income Distribution, Growth and Unemployment PART I THE BASICS 2. The lexicon of short-run static analysis 3. The political economy of income distribution 4. Elementary tools for dynamics PART II INCOME DISTRIBUTION IN GROWTH CYCLE MODELS 5. The Goodwin classical approach 6. The Kaleckian‒post-Keynesian (KPK) models 7. Financial aspects: a Minskyan perspective 8. Harrod and instability PART III A GENERALIZED MODEL 9. A workhorse model 10. Growth and unemployment 11. Technological change, income distribution and unemployment 12. The wage‒price spiral in an integrated model PART IV TOWARDS COMPLEX DYNAMICS 13. A meta-model of income distribution 14. Income distribution, inequality and debt 15. The financial instability hypothesis, income distribution and complex dynamics PART V CONCLUDING REMARKS 16 Final considerations References Index

‘In this book, Professor Ferri extends his formidable research on macroeconomic dynamics into a broad analysis of how income distribution affects aggregate outcomes. He develops creative insights to both synthesize a wide range of existing research and break new ground.’