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What are the predictions of post Keynesian (post kaleekian) models regarding the effect of inequalities in functional income distribution and gender on output in an
What are the predictions of post Keynesian (post kaleekian) models regarding the effect of inequalities in functional income distribution and gender on output in an open economy (eg. A fall in the wage share in national income)? Critically discusss with reference to the wage led and profit led growth regimes. What are the policy implications of these models and how do they differ from the neoclassical analysis?
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