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Pasinetti on Post-Keynesian Income Distribution and Growth Theory: Further Developments

  • Mauro L. Baranzini
  • Amalia Mirante
Chapter
Part of the Palgrave Studies in the History of Economic Thought book series (PHET)

Abstract

The second ‘Two-Cambridges controversy’, on income distribution, over the last 60 years has generated a stream of 400 contributions, continuing even today (for instance, sparked off in 2014 by Piketty). Baranzini and Mirante investigate nine related lines of research, as (1) the introduction of a different rate of return on wealth, (2) the introduction of money and financial constraints, (3) the introduction of the public sector, (4) the inclusion of other socio-economic classes and class struggle, (5) the introduction of the micro-foundations, (6) the analysis of the long-term distribution of wealth and of the income share of classes, (7) overlapping generations models cum inter-generational transmission of wealth, (8) the applicability of the Meade-Samuelson and Modigliani’s Anti-Pasinetti Theorem and (9) the extension towards an Islamic macro-model of distribution.

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© The Author(s) 2018

Authors and Affiliations

  • Mauro L. Baranzini
    • 1
  • Amalia Mirante
    • 2
  1. 1.University of LuganoLuganoSwitzerland
  2. 2.University of Applied Sciences of Southern Switzerland and University of LuganoLuganoSwitzerland

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