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6 - Possible Future Prospects

Published online by Cambridge University Press:  31 July 2020

Lance Taylor
By
Özlem Ömer
With
Özlem Ömer
Lance Taylor
Affiliation:
New School for Social Research, New York
Özlem Ömer
Affiliation:
Haci Bektas Veli University, Turkey
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Summary

Illustrating how the three income classes may fare under various circumstances is the goal of simulations from a demand-driven model of economic growth discussed in this chapter. It uses the SAM of Figure 2.2 as the database. The model’s key assumptions draw on ideas previously discussed. A succinct list follows.

Type
Chapter
Information
Macroeconomic Inequality from Reagan to Trump
Market Power, Wage Repression, Asset Price Inflation, and Industrial Decline
 , pp. 106 - 121
Publisher: Cambridge University Press
Print publication year: 2020

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