Nicholas Kaldor and Mainstream Economics pp 190-204 | Cite as
Corporate Behavior, Valuation Ratio and Macroeconomic Analysis
Chapter
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
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© Edward J. Nell and Willi Semmler 1991