Corporate Behavior, Valuation Ratio and Macroeconomic Analysis

G. Abraham-Frois

Chapter 10 in Nicholas Kaldor and Mainstream Economics, 1991, pp 190-204 from Palgrave Macmillan

Abstract: Abstract The introduction of the corporate sector into the post-Keynesian theory of distribution has been worked out by Kaldor in an appendix to his 1966 paper, named, for obvious reasons ‘a neo-Pasinetti theorem’. Some reformulations, and precisions will be useful here before coming to comparisons with other approaches or formulations (especially Marris, 1964, 1971; Kahn, 1972; Wood, 1975; Tobin, 1969).

Keywords: Capital Gain; Investment Rate; Corporate Behavior; External Finance; Profit Share (search for similar items in EconPapers)
Date: 1991
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DOI: 10.1007/978-1-349-10947-0_10

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