عنوان فارسی مقاله: اقتصاد کلان: رشد اقتصادی Master HDFS


عنوان انگلیسی مقاله:

Macroeconomics:Economic Growth Master HDFS






 

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Macroeconomics:Economic Growth Master HDFS
Kaldor
6 Stylized facts
Hypotheses
Kaldor model
Combininig Kaldor and Harrod
The Cambridge equation
The Goldend rule of accumulation
Difference between Ricardo and Kaldor
The mechanism of re-equilibrium in Kaldor
Problems and critics
Kaldor pioneer
Economic growth and effective demand
Effective demand and economic growth
Okun and Kaldor laws for labour productivity growth π
Employment growth
Capital accumulation, innovation and technical progress
Function of techincal progress f(TP) and economic growth (g)
Capital and ideas relation




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Problems and critics
1. Remain in kaldor problem linked to the assumption that Capitalist save more tha workers (which however seem reaslistic although not Sc=1 and not Sw=0
2. The excess of Productive Capacity not necessarily brings about a reduction of profits. If there is Monopoly/Oligopoly  prices do not decline or wages may fall more than prices so profits do not shirk. If there is lack of Productive Capacity  p↑ , but not necesarily more than w (as required by kaldor in order to cause ↑ r and ↑ S




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