Secular decline in profit rates: time series analysis of a classical hypothesis

Recent global financial crisis and ongoing turbulence in the global economy revived interest in the classical hypothesis of declining profit rates and vanishing profit opportunities as one of the reasons of economic instabilities. This paper, while not joining theoretical debate on the driving facto...

Full description

Bibliographic Details
Main Author: Ivan D. Trofimov
Format: Article
Language:English
Published: Università Carlo Cattaneo LIUC 2018-06-01
Series:The European Journal of Comparative Economics
Subjects:
Online Access:http://ejce.liuc.it/18242979201801/182429792018150104.pdf