Growth and Rents in Today’s Economy

Edward Nell
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Edward Nell: New School

Chapter Chapter 7 in Henry George and How Growth in Real Estate Contributes to Inequality and Financial Instability, 2019, pp 85-96 from Palgrave Macmillan

Abstract: Abstract A modern real-side growth model is developed, allowing for effects on distribution and for demand-driven innovation; it also features a wage-accumulation curve—Joan Robinson—and rents can be introduced, driven by both growth and innovation.

Keywords: Markup pricing; Wage-accumulation curve; Growth and rents (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:pal:psochp:978-3-030-18663-0_7

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DOI: 10.1007/978-3-030-18663-0_7

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