Perspectives of the macroeconomic Reproduction Theory

V. Mayevsky () and S. Malkov ()

Voprosy Ekonomiki, 2014, issue 4

Abstract: Prospects for the development of an alternative macroeconomic theory are associated with the provisions that the dynamics of the economy is determined by the change of generations of capital and that there is a problem of coordination between different generations of capital. The circulation and reproduction of capital are analyzed. We consider the socalled shifting mode of reproduction. The mathematic model has shown that coordinated growth is possible if social and economic interests between capital and labor are agreed, and monetary policy stimulates this growth.

Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:nos:voprec:y:2014:id:637

DOI: 10.32609/0042-8736-2014-4-137-155

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