Whose saving behavior really matters in the long run? The Pasinetti (irrelevance) theorem revisited

Authors

  • Gilberto Tadeu Lima

Keywords:

saving behavior, growth, distribution.

Abstract

This review paper is intended to outline some of the main qualitative theoretical issues involved in the debates on the
results emerging from the Pasinetti (irrelevance) theorem, which is an important element of the post-Keynesian approach to growth and distribution. Firstly, it is briefly described the Cambridge (U.K.) vs Cambridge (U.K.) controversy following the publication of
the original works by Kaldor and Pasinetti. It is then reviewed the subsequent Cambridge (U.S.) vs Cambridge (U.K.) exchange between Samuelson and Modigliani, on one side, and Pasinetti, Robinson, and Kaldor on the other side.

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Published

2009-05-31

How to Cite

LIMA, G. T. Whose saving behavior really matters in the long run? The Pasinetti (irrelevance) theorem revisited. Nova Economia, [S. l.], v. 13, n. 2, 2009. Disponível em: https://revistas.face.ufmg.br/index.php/novaeconomia/article/view/414. Acesso em: 17 feb. 2026.

Issue

Vol. 13 No. 2 (2003)

Section

Regular Issue

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