A Sraffian (no) trade‐off between autonomous demand and transfer payments

Theodore Mariolis

10 citations0/0 files storedMetroeconomica

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Economic Theory and Policy Political Economy and Marxism Economic theories and models

Abstract

Abstract This paper explores the matrix demand multiplier in Sraffian frameworks and shows that it involves an autonomous demand‐transfer payments curve, which exhibits formal similarities with the well‐known consumption (wage)‐growth (profit) curve in steady‐state capital and growth theory.

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2009Input-Output Analysis 1955Alternative Theories of Distribution 1987International Economics: Theory and Policy 1961Production of Commodities by Means of Commodities. Prelude to a Critique of Economic Theory.1931The Relation of Home Investment to Unemployment 1970Heterogeneous Capital, the Production Function and the Theory of Distribution 1973THE NOTION OF VERTICAL INTEGRATION IN ECONOMIC ANALYSIS (*)2006The Economics of Input-Output Analysis

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