Research At SCEPA
The Possibility of “Consumption-Driven, Profit-Led Growth"
WORKING PAPER | We first show that, with a Kaleckian structure that is consistent with Pasinetti (1962), the relationship between distribution and growth is more robust than conventional wisdom suggests.
Inequality, Debt Servicing, and the Sustainability of Steady State Growth
WORKING PAPER | We investigate the claim that the way in which debtor households service their debts matters for macroeconomic performance.