Macroeconomic structure, endogenous technical change and growth
论证了决定短期总需求和收入分配的宏观经济结构对长期增长率的影响，并构建了一个引入内生技术变革的凯恩斯/马克思主义综合模型，该模型存在多重均衡，讨论了制度和历史在长期增长中的作用。
This paper shows the relevance of the macroeconomic structure that governs short-term changes in aggregate demand and income distribution in the determination of long-term growth rates. It develops a new growth model by introducing endogenous technical change into a Keynesian/Marxist synthesis model of accumulation and distribution. This model has multiple equilibria--a high-growth equilibrium that is stable if rising wage share leads to an increase in investment and real wages are somewhat rigid and a low-growth equilibrium that is stable under opposite circumstances. Based on this result, the paper discusses how institutions and history matter in long-term growth. Copyright 1994 by Oxford University Press.