Demand Drives Growth all the Way

Lance Taylor, Duncan Foley and Armon Rezai

No 2017-10, SCEPA working paper series. from Schwartz Center for Economic Policy Analysis (SCEPA), The New School

Abstract: How does effective demand, productivity growth, income, and wealth distributions influence and constrain the economy? Authors use simulations to project the long-run growth rate at 2% per year and that the capitalist share of wealth may rise from about 40% to 70% percent.

Keywords: economic growth; demand and distribution; effective demand (search for similar items in EconPapers)
JEL-codes: E25 O47 (search for similar items in EconPapers)
Date: 2017-10
New Economics Papers: this item is included in nep-mac and nep-pke
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.economicpolicyresearch.org/images/INET ... ay_2017-10_final.pdf (application/pdf)

Related works:
Working Paper: Demand Drives Growth all the Way (2018)
Working Paper: Demand Drives Growth All The Way (2016)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:epa:cepawp:2017-11

Access Statistics for this paper

More papers in SCEPA working paper series. from Schwartz Center for Economic Policy Analysis (SCEPA), The New School Contact information at EDIRC.
Bibliographic data for series maintained by Bridget Fisher ().