| Description |
This dissertation consists of three essays rooted in the growth and distribution literature with a focus on technological progress and economic policy. The main objective is to integrate technological progress into the growth and distribution framework and to explore its implications for economic dynamics. To this end, I explore seemingly different topics such as the historical development of theoretical perspectives on technological progress, the application of the Keynesian growth and distribution model to the economics of pensions, and the role of induced technological progress in sustainability of old-age public pension schemes. This dissertation draws on the existing Keynesian economic literature. Specific emphasis is placed on the Cambridge-Keynesian view concerning the long-run position of capitalism and the distribution of income between wages and profits. |
