Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/277069 
Year of Publication: 
2006
Citation: 
[Journal:] Intervention. Zeitschrift fuer Ökonomie / Journal of Economics [ISSN:] 2195-3376 [Volume:] 03 [Issue:] 1 [Year:] 2006 [Pages:] 151-167
Publisher: 
Metropolis-Verlag, Marburg
Abstract: 
This paper analyses the determination of prices within a Kaleckian and Minskian framework. In the Minskian model, public deficit generates mark-up inflation, a result that resembles Neo-Keynesian models of growth. In the Kaleckian model, an increase in aggregate demand is not absorbed by inflated prices but by a higher utilisation of capacity. This paper discusses issues at the core of Post-Keynesian thought.
JEL: 
E12
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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