The Financial Rate of Profit

Erdogan Bakir and Al Campbell
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Erdogan Bakir: Department of Economics, Bucknell University, Lewisburg, PA, USA
Al Campbell: Department of Economics, University of Utah, Salt Lake City, UT, USA

Review of Radical Political Economics, 2013, vol. 45, issue 3, 295-304

Abstract: This work contributes to the almost nonexistent literature on the profit rate of the financial sector. It updates the single study to include financial variables to cover the past decade, compares this profit rate to the (almost unpublished) Weisskopf and NIPA financial profit rates, compares the financial and nonfinancial sector rates, and details the procedure to construct the profit rate in the financial sector including relevant financial variables which capitalists consider to make profit-rate decisions.JEL Classification: B50, E11

Keywords: financial rate of profit; finance; profit rate; neoliberalism (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:sae:reorpe:v:45:y:2013:i:3:p:295-304

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