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Original Articles

Financialisation and Rising Shareholder Power in Kaleckian/Post-Kaleckian Models of Distribution and Growth

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Pages 205-233 | Published online: 27 Apr 2010

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Read on this site (14)

Fabrizio Antenucci, Walter Paternesi Meloni & Pasquale Tridico. (2023) Poles Apart? Alternative Welfare Trajectories under Finance-Dominated Capitalism. International Journal of Political Economy 52:1, pages 45-69.
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Eckhard Hein, Walter Paternesi Meloni & Pasquale Tridico. (2021) Welfare models and demand-led growth regimes before and after the financial and economic crisis. Review of International Political Economy 28:5, pages 1196-1223.
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Joel Rabinovich. (2021) Financialisation and the ‘supply-side’ face of the investment-profit puzzle. Journal of Post Keynesian Economics 44:3, pages 434-462.
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Davide Villani. (2021) The Rise of Corporate Net Lending Among G7 Countries: A Firm-Level Analysis. Review of Political Economy 33:2, pages 212-235.
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Stefano Di Bucchianico. (2021) The Impact of Financialization on the Rate of Profit. Review of Political Economy 33:2, pages 303-326.
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Riccardo Pariboni, Walter Paternesi Meloni & Pasquale Tridico. (2020) When Melius Abundare Is No Longer True: Excessive Financialization and Inequality as Drivers of Stagnation. Review of Political Economy 32:2, pages 216-242.
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Graham White. (2019) Some Issues in the Sraffian View of Competition: Starting from Clifton. Review of Political Economy 31:1, pages 75-94.
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Leila Davis. (2018) Financialization, Shareholder Orientation and the Cash Holdings of US Corporations. Review of Political Economy 30:1, pages 1-27.
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Leonardo Pataccini. (2017) From “Communautaire Spirit” to the “Ghosts of Maastricht”: European Integration and the Rise of Financialization. International Journal of Political Economy 46:4, pages 267-293.
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Hamid Raza, Bjorn Gudmundsson, Gylfi Zoega & Stephen Kinsella. (2016) Two thorns of experience: financialisation in Iceland and Ireland. International Review of Applied Economics 30:6, pages 771-789.
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Yannis Dafermos & Christos Papatheodorou. (2015) Linking functional with personal income distribution: a stock-flow consistent approach. International Review of Applied Economics 29:6, pages 787-815.
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Eckhard Hein. (2012) "Financialization," distribution, capital accumulation, and productivity growth in a post-Kaleckian model. Journal of Post Keynesian Economics 34:3, pages 475-496.
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J.E. King. (2011) Michal Kalecki. The European Journal of the History of Economic Thought 18:1, pages 164-167.
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Georgios Argitis & Stella Michopoulou. (2011) Are Full Employment and Social Cohesion Possible Under Financialization?. Forum for Social Economics 40:2, pages 139-155.
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Articles from other publishers (24)

Ümit Akçay & Ali Rıza Güngen. (2022) Dependent financialisation and its crisis: the case of Turkey. Cambridge Journal of Economics 46:2, pages 293-316.
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Robert GuttmannRobert Guttmann. 2022. Multi-Polar Capitalism. Multi-Polar Capitalism 73 116 .
Engelbert Stockhammer, Stefano Sgambati & Anastasia Nesvetailova. (2021) Financialisation: continuity and change— introduction to the special issue. Review of Evolutionary Political Economy 2:3, pages 389-401.
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Tristan Auvray, Cédric Durand, Joel Rabinovich & Cecilia Rikap. (2021) Corporate financialization’s conservation and transformation: from Mark I to Mark II. Review of Evolutionary Political Economy 2:3, pages 431-457.
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Emanuele Russo. (2020) Harrodian instability in decentralized economies: an agent-based approach. Economia Politica 38:2, pages 539-567.
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Matilde Massó & Fernando Bruna. (2020) La importancia del sector de actividad en la financiarización de las empresas. Un análisis multinivel de empresas británicas y españolas. Revista Internacional de Sociología 78:4, pages e170.
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Matilde Massó, Mark Davis & Nazaret Abalde. (2020) La problemática conceptualización de la financiarización: diferenciando causas, consecuencias y la acción financiarizada de los actores económicos. Revista Internacional de Sociología 78:4, pages e169.
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Stephen Thompson. (2020) Growth, external markets and stock–flow norms: a Luxemburg–Godley model of accumulation. Cambridge Journal of Economics 44:2, pages 417-443.
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Onur Özdemir. (2019) Financialization and the Labor Share of Income. Review of Economic Perspectives 19:4, pages 265-306.
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Joel Rabinovich. (2019) The financialization of the non‐financial corporation. A critique to the financial turn of accumulation hypothesis . Metroeconomica 70:4, pages 738-775.
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Eckhard Hein. (2019) Financialisation and tendencies towards stagnation: the role of macroeconomic regime changes in the course of and after the financial and economic crisis 2007–09. Cambridge Journal of Economics 43:4, pages 975-999.
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Emilio Carnevali, Matteo Deleidi, Riccardo Pariboni & Marco Veronese Passarella. 2019. Frontiers of Heterodox Macroeconomics. Frontiers of Heterodox Macroeconomics 223 276 .
Leila E. Davis. 2018. Analytical Political Economy. Analytical Political Economy 207 235 .
Leila E. Davis. (2017) FINANCIALIZATION AND INVESTMENT: A SURVEY OF THE EMPIRICAL LITERATURE. Journal of Economic Surveys 31:5, pages 1332-1358.
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Malcolm Sawyer & Marco Veronese Passarella. (2017) The Monetary Circuit in the Age of Financialisation: A Stock-Flow Consistent Model with A Twofold Banking Sector. Metroeconomica 68:2, pages 321-353.
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Petra Dünhaupt. (2017) Determinants of labour’s income share in the era of financialisation. Cambridge Journal of Economics 41:1, pages 283-306.
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Ignacio Alvarez. (2015) Financialization, non-financial corporations and income inequality: the case of France. Socio-Economic Review 13:3, pages 449-475.
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L. Cordonnier & F. Van de Velde. (2014) The demands of finance and the glass ceiling of profit without investment. Cambridge Journal of Economics 39:3, pages 871-885.
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E. Hein. (2013) Finance-dominated capitalism and re-distribution of income: a Kaleckian perspective. Cambridge Journal of Economics 39:3, pages 907-934.
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C. Lapavitsas & J. Powell. (2013) Financialisation varied: a comparative analysis of advanced economies. Cambridge Journal of Regions, Economy and Society 6:3, pages 359-379.
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Engelbert Stockhammer. 2013. Wage-led Growth. Wage-led Growth 40 70 .
Amitava Krishna Dutt. 2011. Microeconomics, Macroeconomics and Economic Policy. Microeconomics, Macroeconomics and Economic Policy 134 152 .
Gregory Jackson. (2016) Toward a Conceptual Framework for Understanding Institutional Change in Japanese Capitalism: Structural Transformations and Organizational Diversity. SSRN Electronic Journal.
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Eckhard Hein. (2013) Finance-Dominated Capitalism and Redistribution of Income: A Kaleckian Perspective. SSRN Electronic Journal.
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