Finance, growth and inequality : post-Keynesian perspectives /

This book introduces readers to some key concepts in post-Keynesian and heterodox economics, in particular the importance of finance in relation to income distribution and growth. The book explores various aspects of financialization, such as its role in pension funds, and explores its consequences...

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Bibliographic Details
Other Authors: Rochon, Louis-Philippe (Editor), Monvoisin, Virginie (Editor)
Format: Book
Language:English
Published: Cheltenham, UK ; Northampton, MA, USA, : Edward Elgar Publishing, [2019]
Series:New directions in post-Keynesian economics.
Subjects:
Table of Contents:
  • Introduction / Louis-Philippe Rochon and Virginie Monvoisin
  • Part I: Post-Keynesian views on finance and financialization
  • 1. Measuring finance for the economy and finance for finance / Marcello Spanò
  • 2. Economic limits of the originate to distribute model of banking / Óscar Dejuán and John S. L. McCombie
  • 3. Private pension funds in emerging economies: From broken promises to financialisation / Bruno Bonizzi and Diego Guevara
  • 4. Financialization and bancarization of Argentina, Brazil and Mexico: The financial services transformations as from the post-crisis period / Alicia Girón and Marcia Solorza
  • Part II: Post-Keynesian views on distribution and growth
  • 5. Macroeconomic implications of inequality and household debt: European evidence / Jonathan Perraton
  • 6. How can policy tackle inequality in 21st century? / Hanna Szymborska
  • 7. Economic policies and growth regimes in France (1974-2016) / Hélène de Largentaye and Renaud du Tertre
  • 8. Non-conventional fiscal rules in a Kaleckian model of growth and income distribution with external debt / Pablo G. Bortz, Gabriel Michelena, and Fernando Toledo
  • Part III: Post-Keynesian views on monetary policy
  • 9. The transmission of monetary policy in the US: Testing the credit channel and the role of endogenous money / Nathan Perry and Carlos Schönerwald
  • 10. Corporate debt expansion in emerging countries after 2008: Profile, determinants and policy implications / Cristiano Duarte
  • 11. From trillemma to dilemma: Monetary policy after / Bretton Woods Hasan Cömert
  • 12. Shifting frames of the expert debate: Quantitative easing, international macro-finance and the potential impact of Post-Keynesian scholarship / Max Nagel and Matthias Thiemann
  • Part IV: Some notes on the dual economy Introduction / Helene Delargentaye
  • 13. Dualism: More or less? / David Leadbeater
  • 14. Do the robots come to liberate us or to deepen our inequality? The uncertain macrostructural foundations of the robotic age / Arpita Bhattacharjee and Gary Dymski
  • Index.