Cyclical patterns of employment, utilization and profitability

Ben Zipperer and Peter Skott

UMASS Amherst Economics Working Papers from University of Massachusetts Amherst, Department of Economics

Abstract: The interaction between income distribution, accumulation, employment and the utilization of capital is central to macroeconomic models in the `heterodox' tradition. This paper examines the stylized pattern of these variables using US data for the period after 1948. We look at the trends and cycles in individual time series and examine the bivariate cycical patterns among the variables. JEL Categories: E12, E32, O41

Keywords: growth; business cycles; aggregate demand; instability; income distribution; utilization rate; investment function; pricing. (search for similar items in EconPapers)
Date: 2010-04
New Economics Papers: this item is included in nep-bec and nep-mac
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Citations: View citations in EconPapers (9)

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Journal Article: Cyclical patterns of employment, utilization, and profitability (2011)
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