The Cambridge Equation with government activity revisited A Equação de Cambridge com atividade governamental revisitada
This paper offers an analysis of the steady-state distributional features found in a Kaldor-Pasinetti process, in which the government sector is allowed to run persistent deficits that may be financed through different instruments. Productive capital and bonds generate single rates of return, while...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Universidade Federal do Rio de Janeiro
2010-12-01
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Series: | Revista de Economia Contemporânea |
Subjects: | |
Online Access: | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S1415-98482010000300006 |