Finance, Investment and Macroeconomic Performance

Georgios Argitis

European Research Studies Journal, 2008, vol. XI, issue 1-2, 71-88

Abstract: Finance, power and distribution are issues that are largely absent in conventional macroeconomics. This paper outlines the implicit economic process embedded in the neo-classical and new-Keynesian constructions of macroeconomics regarding the finance-investment relation. It then develops a general post-Keynesian framework and argues that finance, power and income distribution are significant determinants of investment and macroeconomic activity.

Keywords: Finance; Income Distribution; Investment; Macroeconomic Activity (search for similar items in EconPapers)
JEL-codes: B22 D33 E12 (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:ers:journl:v:xi:y:2008:i:1-2:p:71-88

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