In accordance with views rooted in neoclassical theory, the economic growth in the USA in the 1990s is generally attributed to the flexibility of the labour market. The purpose of this paper is to outline an alternative reconstruction of the causes of America’s economic recovery, which sees the investment decisions of firms as independent of the saving decisions of the collectivity, and the recovery as largely independent of the effects of the flexibility of real wages described in neoclassical theory
In the first thirty years after World War II, the United States economy performed remarkably well. T...
In the mid 1980s there was a remarkable revival of interest in growth theory and once again this bec...
The present paper emphasizes the role of demand, income distribution, endogenous productivity react...
In accordance with views rooted in neoclassical theory, the substantial growth of employment in the ...
Abstract. This paper re-defines three hypothetical laws of capital accumulation including endoge-nou...
Economists differ in their explanation of changes in the rate of U.S.economic growth in the latter h...
For the 1990s, the basic neoclassical growth model predicts a depressed economy, when in fact the US...
This paper re-defines two hypothetical laws of capital accumulation by including endogenous profit i...
The significant political changes which have occurred both in the USA and Europe over the past one a...
The basic neoclassical growth model accounts well for the postwar cyclical behavior of the U.S. econ...
This paper examines the ability of alternative classes of growth models to explain the historical ex...
This paper surveys the last two and a half decades of non-neoclassical literature on endogenous tec...
This paper traces the roots of the current financial crisis to a faulty U.S. macroeconomic paradigm....
This paper, and the body of empirical research and theoretical formulation on which it is based, int...
We develope a growth accounting method using the whole neoclassical growth model. We obtain three p...
In the first thirty years after World War II, the United States economy performed remarkably well. T...
In the mid 1980s there was a remarkable revival of interest in growth theory and once again this bec...
The present paper emphasizes the role of demand, income distribution, endogenous productivity react...
In accordance with views rooted in neoclassical theory, the substantial growth of employment in the ...
Abstract. This paper re-defines three hypothetical laws of capital accumulation including endoge-nou...
Economists differ in their explanation of changes in the rate of U.S.economic growth in the latter h...
For the 1990s, the basic neoclassical growth model predicts a depressed economy, when in fact the US...
This paper re-defines two hypothetical laws of capital accumulation by including endogenous profit i...
The significant political changes which have occurred both in the USA and Europe over the past one a...
The basic neoclassical growth model accounts well for the postwar cyclical behavior of the U.S. econ...
This paper examines the ability of alternative classes of growth models to explain the historical ex...
This paper surveys the last two and a half decades of non-neoclassical literature on endogenous tec...
This paper traces the roots of the current financial crisis to a faulty U.S. macroeconomic paradigm....
This paper, and the body of empirical research and theoretical formulation on which it is based, int...
We develope a growth accounting method using the whole neoclassical growth model. We obtain three p...
In the first thirty years after World War II, the United States economy performed remarkably well. T...
In the mid 1980s there was a remarkable revival of interest in growth theory and once again this bec...
The present paper emphasizes the role of demand, income distribution, endogenous productivity react...