The Cambridge Equation with government activity revisited
This paper offers an analysis of the steady-state distributional features found in a Kaldor-Pasinetti process, in which the government sector is allowed to run persistent deficits that may be financed through different instruments. Productive capital and bonds generate single rates of return, while workers' saving propensity remains uniform. This paper seeks to establish a generalization of Cambridge Eauqtion, considering the specific contributions of Steedman (1972), Pasinetti (1989), Dalziel (1991), and Faria (2000).
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Instituto de Economia da Universidade Federal do Rio de Janeiro
2010
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oai:scielo:S1415-984820100003000062011-03-14The Cambridge Equation with government activity revisitedAraujo,Ricardo Silva AzevedoTeixeira,Joanílio Rodolpho Kaldor-Pasinetti factor income distribution Cambridge Equation This paper offers an analysis of the steady-state distributional features found in a Kaldor-Pasinetti process, in which the government sector is allowed to run persistent deficits that may be financed through different instruments. Productive capital and bonds generate single rates of return, while workers' saving propensity remains uniform. This paper seeks to establish a generalization of Cambridge Eauqtion, considering the specific contributions of Steedman (1972), Pasinetti (1989), Dalziel (1991), and Faria (2000).info:eu-repo/semantics/openAccessInstituto de Economia da Universidade Federal do Rio de JaneiroRevista de Economia Contemporânea v.14 n.3 20102010-12-01info:eu-repo/semantics/articletext/htmlhttp://old.scielo.br/scielo.php?script=sci_arttext&pid=S1415-98482010000300006en10.1590/S1415-98482010000300006 |
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Araujo,Ricardo Silva Azevedo Teixeira,Joanílio Rodolpho |
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Araujo,Ricardo Silva Azevedo Teixeira,Joanílio Rodolpho The Cambridge Equation with government activity revisited |
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Araujo,Ricardo Silva Azevedo Teixeira,Joanílio Rodolpho |
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Araujo,Ricardo Silva Azevedo |
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The Cambridge Equation with government activity revisited |
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The Cambridge Equation with government activity revisited |
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The Cambridge Equation with government activity revisited |
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The Cambridge Equation with government activity revisited |
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The Cambridge Equation with government activity revisited |
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cambridge equation with government activity revisited |
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This paper offers an analysis of the steady-state distributional features found in a Kaldor-Pasinetti process, in which the government sector is allowed to run persistent deficits that may be financed through different instruments. Productive capital and bonds generate single rates of return, while workers' saving propensity remains uniform. This paper seeks to establish a generalization of Cambridge Eauqtion, considering the specific contributions of Steedman (1972), Pasinetti (1989), Dalziel (1991), and Faria (2000). |
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Instituto de Economia da Universidade Federal do Rio de Janeiro |
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2010 |
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http://old.scielo.br/scielo.php?script=sci_arttext&pid=S1415-98482010000300006 |
work_keys_str_mv |
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1756420100385144832 |