Demand Drives Growth all the Way
Duncan Foley () and
No 2017-10, SCEPA working paper series. from Schwartz Center for Economic Policy Analysis (SCEPA), The New School
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)
New Economics Papers: this item is included in nep-mac and nep-pke
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Working Paper: Demand Drives Growth all the Way (2018)
Working Paper: Demand Drives Growth All The Way (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:epa:cepawp:2017-11
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