Accounting Consistency in Kaleckian Models of Growth and Distribution: a Preliminary Step and a Research Agenda

Detalhes bibliográficos
Autor(a) principal: Kappes, Sylvio Antonio
Data de Publicação: 2020
Outros Autores: Morrone, Henrique
Tipo de documento: Artigo
Idioma: por
Título da fonte: Economia Ensaios
Texto Completo: https://seer.ufu.br/index.php/revistaeconomiaensaios/article/view/46118
Resumo: Economic growth and income distribution are hotly debated topics in economics, both in mainstream and heterodox traditions. Another concern in economic literature centers on financial crisis. Some Post-Keynesians have tackled the first theme by employing Kaleckian models, and the second through Stock-Flow Consistent Models. This paper integrates both approaches by means of macroeconomic financial balances. After estimating these balances, we build a theoretical model and apply it to some OECD countries’ dataset. Our findings underscore the model’s capacity to explain some puzzles in the Kaleckian literature. Finally, we present a research agenda in order to improve our model.
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spelling Accounting Consistency in Kaleckian Models of Growth and Distribution: a Preliminary Step and a Research AgendaEconomic growth and income distribution are hotly debated topics in economics, both in mainstream and heterodox traditions. Another concern in economic literature centers on financial crisis. Some Post-Keynesians have tackled the first theme by employing Kaleckian models, and the second through Stock-Flow Consistent Models. This paper integrates both approaches by means of macroeconomic financial balances. After estimating these balances, we build a theoretical model and apply it to some OECD countries’ dataset. Our findings underscore the model’s capacity to explain some puzzles in the Kaleckian literature. Finally, we present a research agenda in order to improve our model.Crescimento econômico e distribuição de renda são assuntos debatidos na literatura, tanto nas tradições mainstream quanto heterodoxa. Outra preocupação são as crises financeiras. Pós-Keynesianos lidaram com o primeiro tópico empregando modelos kaleckianos de crescimento e distribuição de renda, e com o segundo via modelos de estoques e fluxos. O objetivo deste artigo é integrar as abordagens através de balanços financeiros macroeconômicos. Após essas estimações, construímos um modelo e aplicamos aos dados de países da OCDE. Nossos resultados ressaltam a capacidade do modelo de explicar alguns puzzles na literatura Kaleckiana. Por fim, apresentamos uma agenda de pesquisa.EDUFU2020-07-14info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://seer.ufu.br/index.php/revistaeconomiaensaios/article/view/4611810.14393/REE-v35n1a2020-46118Revista Economia Ensaios; Vol. 35 No. 1 (2020)Revista Economia Ensaios; v. 35 n. 1 (2020)1983-19940102-2482reponame:Economia Ensaiosinstname:Universidade Federal de Uberlândia (UFU)instacron:UFUporhttps://seer.ufu.br/index.php/revistaeconomiaensaios/article/view/46118/29556Copyright (c) 2020 Revista Economia Ensaiosinfo:eu-repo/semantics/openAccessKappes, Sylvio AntonioMorrone, Henrique2020-08-03T14:09:54Zoai:ojs.www.seer.ufu.br:article/46118Revistahttps://seer.ufu.br/index.php/revistaeconomiaensaiosPUBhttps://seer.ufu.br/index.php/revistaeconomiaensaios/oai||ecoensaios@ufu.br|| ecoensaios@ufu.br1983-19940102-2482opendoar:2020-08-03T14:09:54Economia Ensaios - Universidade Federal de Uberlândia (UFU)false
dc.title.none.fl_str_mv Accounting Consistency in Kaleckian Models of Growth and Distribution: a Preliminary Step and a Research Agenda
title Accounting Consistency in Kaleckian Models of Growth and Distribution: a Preliminary Step and a Research Agenda
spellingShingle Accounting Consistency in Kaleckian Models of Growth and Distribution: a Preliminary Step and a Research Agenda
Kappes, Sylvio Antonio
title_short Accounting Consistency in Kaleckian Models of Growth and Distribution: a Preliminary Step and a Research Agenda
title_full Accounting Consistency in Kaleckian Models of Growth and Distribution: a Preliminary Step and a Research Agenda
title_fullStr Accounting Consistency in Kaleckian Models of Growth and Distribution: a Preliminary Step and a Research Agenda
title_full_unstemmed Accounting Consistency in Kaleckian Models of Growth and Distribution: a Preliminary Step and a Research Agenda
title_sort Accounting Consistency in Kaleckian Models of Growth and Distribution: a Preliminary Step and a Research Agenda
author Kappes, Sylvio Antonio
author_facet Kappes, Sylvio Antonio
Morrone, Henrique
author_role author
author2 Morrone, Henrique
author2_role author
dc.contributor.author.fl_str_mv Kappes, Sylvio Antonio
Morrone, Henrique
description Economic growth and income distribution are hotly debated topics in economics, both in mainstream and heterodox traditions. Another concern in economic literature centers on financial crisis. Some Post-Keynesians have tackled the first theme by employing Kaleckian models, and the second through Stock-Flow Consistent Models. This paper integrates both approaches by means of macroeconomic financial balances. After estimating these balances, we build a theoretical model and apply it to some OECD countries’ dataset. Our findings underscore the model’s capacity to explain some puzzles in the Kaleckian literature. Finally, we present a research agenda in order to improve our model.
publishDate 2020
dc.date.none.fl_str_mv 2020-07-14
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
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status_str publishedVersion
dc.identifier.uri.fl_str_mv https://seer.ufu.br/index.php/revistaeconomiaensaios/article/view/46118
10.14393/REE-v35n1a2020-46118
url https://seer.ufu.br/index.php/revistaeconomiaensaios/article/view/46118
identifier_str_mv 10.14393/REE-v35n1a2020-46118
dc.language.iso.fl_str_mv por
language por
dc.relation.none.fl_str_mv https://seer.ufu.br/index.php/revistaeconomiaensaios/article/view/46118/29556
dc.rights.driver.fl_str_mv Copyright (c) 2020 Revista Economia Ensaios
info:eu-repo/semantics/openAccess
rights_invalid_str_mv Copyright (c) 2020 Revista Economia Ensaios
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv EDUFU
publisher.none.fl_str_mv EDUFU
dc.source.none.fl_str_mv Revista Economia Ensaios; Vol. 35 No. 1 (2020)
Revista Economia Ensaios; v. 35 n. 1 (2020)
1983-1994
0102-2482
reponame:Economia Ensaios
instname:Universidade Federal de Uberlândia (UFU)
instacron:UFU
instname_str Universidade Federal de Uberlândia (UFU)
instacron_str UFU
institution UFU
reponame_str Economia Ensaios
collection Economia Ensaios
repository.name.fl_str_mv Economia Ensaios - Universidade Federal de Uberlândia (UFU)
repository.mail.fl_str_mv ||ecoensaios@ufu.br|| ecoensaios@ufu.br
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