Anna Maria Grazia Variato

Imperfect Competition, Learning and Fluctuations

The strategic roles of imperfect competition and monopolistic competition have undergone considerable changes since their inception in the thirties, when (Robinson 1933) and (Chamberlin 1933) first and independently formalized the two similar concepts. For instance, their field of application has transcended microeconomics to occupy an important place in macroeconomics, where they are supposed to be superior with respect to perfect competition. This happened some time ago (see Kalecki 1971; Minsky 1954, 2004), and it has been recently reformulated in the so called “new” Keynesian literature (see Blanchard and Kiyotaki 1987).

Income Distribution and the Interaction between Cycles and

Institutional and Social Dynamics of Growth and Distribution presents a set of original contributions to the much-debated issues of long-run economic growth in relation to institutional and social progress.