Kaldor–Pasinetti model

GPTKB entity

Statements (21)
Predicate Object
gptkbp:instanceOf gptkb:economic_policy
gptkbp:assumes different saving rates for workers and capitalists
two classes (workers and capitalists)
gptkbp:contrastsWith neoclassical growth model
gptkbp:explains distribution of income between wages and profits
gptkbp:extendsTo gptkb:Luigi_Pasinetti
gptkbp:field macroeconomics
gptkbp:focusesOn economic growth
income distribution
gptkbp:hasConcept steady-state growth
profit share determined by saving propensities
workers can save and accumulate wealth
https://www.w3.org/2000/01/rdf-schema#label Kaldor–Pasinetti model
gptkbp:influenced gptkb:post-Keynesian_economics
gptkbp:influencedBy gptkb:Keynesian_economics
gptkb:Harrod–Domar_model
gptkbp:proposedBy gptkb:Nicholas_Kaldor
gptkbp:publishedIn 1960s
gptkbp:relatedTo gptkb:Cambridge_growth_models
gptkbp:bfsParent gptkb:Pasinetti_theorem
gptkbp:bfsLayer 7