Till Van Treeck
Biographic Data
| ID | 386820 |
|---|---|
| NAME | Till Van Treeck |
| GIVEN NAMES | Till |
| FAMILY NAME | Van Treeck |
| SIGNATURE | VAN TREECK T |
| AFFILIATIONS | University of Duisburg-Essen |
| ORCID | 0000-0002-5266-0196 |
| VERIFIED | Yes |
| TOTAL WORKS | 8 |
| TOTAL CITATIONS | 59 |
| AUTHOR COUNT | 8 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2009 |
| LATEST PUBLICATION YEAR | 2024 |
| H-INDEX | 5 |
Varieties of the rat race: Working Hours in the Age of Abundance
We ask why working hours in the rich world have not declined more sharply or even risen at times since the early 1980s, despite a steady increase in productivity, and why they vary so much across rich countries. We use an internationally comparable database on working hours (Bick et al., 2019) and conduct panel data estimations for a sample of 17 European countries and the USA over the period 1983-2019. We find that high or increasing top-end inc…
Varieties of capitalism and growth regimes: The Role of Income Distribution
This article proposes a comparative political economy framework for analyzing the links between varieties of capitalism (VoC) and growth models, with a focus on the role of income distribution in the international trade imbalances leading up to the global financial crisis of 2008. For a panel of 18 countries over the period 1981-2007, we find that strongly rising top income shares contributed to debt-led growth and current account deficits in maj…
Inequality in Germany: A Macroeconomic Perspective
Household surveys such as the German Socio-Economic Panel (SOEP) tend to underestimate income and wealth inequality. The research methodology developed by Thomas Piketty et al. therefore analyses official tax statistics in order to more accurately determine the inequality between the people at the top of the income and wealth distribution scale and the rest of the population. However, Piketty’s methodology underestimates the rise in inequality in…
Ordoliberalism: The Next Generation. What Do Prospective Social Science Teachers in Germany Think About the Euro Crisis
We present results from a survey of 785 prospective social science teachers who were asked about their attitudes on the euro crisis during their first year at university in Germany. The students strongly believe that the crisis is mainly due to excessive public debt and lack of competitiveness in the crisis countries but do not consider Germany's persistent trade surplus as a major problem. A regression analysis suggests that students’ views abou…
Income Distribution and Growth Models: A Sectoral Balances Approach
This article revisits the macroeconomic foundations and political economy of national growth models. It argues that the neo-Kaleckian model, which inspired the emergent growth model perspective and focuses primarily on the functional income distribution, can be usefully complemented by theories of private household consumption that focus on the personal distribution of income. The examples of the export-led and debt-led growth models of Germany a…
Conflicting Claims and Equilibrium Adjustment Processes in a Stock-flow Consistent Macroeconomic Model
We revisit the old but still vibrant Post-Keynesian debate over ‘fully-adjusted positions’, defined by the long-run equality of actual and standard utilisation rates. The central proposition of this paper is that in a world where different groups inside and outside firms have different objectives, the equality of actual and standard utilisation should not be treated as the only possible long-run equilibrium condition. The argument is illustrated …
Financialisation and Rising Shareholder Power in Kaleckian/Post-Kaleckian Models of Distribution and Growth
We establish the link between rising shareholder power on the firm level, increasing pressure on labour, and redistribution at the expense of wages, with the macroeconomic effects on capacity utilisation, profits and capital accumulation. Three channels of transmission of 'financialisation' and increasing shareholder power, the 'preference channel', the 'finance channel' and the 'distribution channel', are introduced into two different variants o…
The political economy debate on ‘financialization’ – a macroeconomic perspective
A number of important contributions to the political economy literature have argued that changes in the financial sector have been amongst the main reflections, or even the driving forces, of recent transformations of capitalism in the rich countries. This hypothesis has been referred to as ‘financialization’. This article argues that the interdisciplinary literature can be enriched if the macroeconomic dimension of financialization is more expli…
The political economy debate on ‘financialization’ – a macroeconomic perspective
A number of important contributions to the political economy literature have argued that changes in the financial sector have been amongst the main reflections, or even the driving forces, of recent transformations of capitalism in the rich countries. This hypothesis has been referred to as ‘financialization’. This article argues that the interdisciplinary literature can be enriched if the macroeconomic dimension of financialization is more expli…
Income Distribution and Growth Models: A Sectoral Balances Approach
This article revisits the macroeconomic foundations and political economy of national growth models. It argues that the neo-Kaleckian model, which inspired the emergent growth model perspective and focuses primarily on the functional income distribution, can be usefully complemented by theories of private household consumption that focus on the personal distribution of income. The examples of the export-led and debt-led growth models of Germany a…
Varieties of capitalism and growth regimes: The Role of Income Distribution
This article proposes a comparative political economy framework for analyzing the links between varieties of capitalism (VoC) and growth models, with a focus on the role of income distribution in the international trade imbalances leading up to the global financial crisis of 2008. For a panel of 18 countries over the period 1981-2007, we find that strongly rising top income shares contributed to debt-led growth and current account deficits in maj…
Conflicting Claims and Equilibrium Adjustment Processes in a Stock-flow Consistent Macroeconomic Model
We revisit the old but still vibrant Post-Keynesian debate over ‘fully-adjusted positions’, defined by the long-run equality of actual and standard utilisation rates. The central proposition of this paper is that in a world where different groups inside and outside firms have different objectives, the equality of actual and standard utilisation should not be treated as the only possible long-run equilibrium condition. The argument is illustrated …
Financialisation and Rising Shareholder Power in Kaleckian/Post-Kaleckian Models of Distribution and Growth
We establish the link between rising shareholder power on the firm level, increasing pressure on labour, and redistribution at the expense of wages, with the macroeconomic effects on capacity utilisation, profits and capital accumulation. Three channels of transmission of 'financialisation' and increasing shareholder power, the 'preference channel', the 'finance channel' and the 'distribution channel', are introduced into two different variants o…
Inequality in Germany: A Macroeconomic Perspective
Household surveys such as the German Socio-Economic Panel (SOEP) tend to underestimate income and wealth inequality. The research methodology developed by Thomas Piketty et al. therefore analyses official tax statistics in order to more accurately determine the inequality between the people at the top of the income and wealth distribution scale and the rest of the population. However, Piketty’s methodology underestimates the rise in inequality in…
Varieties of the rat race: Working Hours in the Age of Abundance
We ask why working hours in the rich world have not declined more sharply or even risen at times since the early 1980s, despite a steady increase in productivity, and why they vary so much across rich countries. We use an internationally comparable database on working hours (Bick et al., 2019) and conduct panel data estimations for a sample of 17 European countries and the USA over the period 1983-2019. We find that high or increasing top-end inc…
The political economy debate on ‘financialization’ – a macroeconomic perspective
A number of important contributions to the political economy literature have argued that changes in the financial sector have been amongst the main reflections, or even the driving forces, of recent transformations of capitalism in the rich countries. This hypothesis has been referred to as ‘financialization’. This article argues that the interdisciplinary literature can be enriched if the macroeconomic dimension of financialization is more expli…
Financialisation and Rising Shareholder Power in Kaleckian/Post-Kaleckian Models of Distribution and Growth
We establish the link between rising shareholder power on the firm level, increasing pressure on labour, and redistribution at the expense of wages, with the macroeconomic effects on capacity utilisation, profits and capital accumulation. Three channels of transmission of 'financialisation' and increasing shareholder power, the 'preference channel', the 'finance channel' and the 'distribution channel', are introduced into two different variants o…
Conflicting Claims and Equilibrium Adjustment Processes in a Stock-flow Consistent Macroeconomic Model
We revisit the old but still vibrant Post-Keynesian debate over ‘fully-adjusted positions’, defined by the long-run equality of actual and standard utilisation rates. The central proposition of this paper is that in a world where different groups inside and outside firms have different objectives, the equality of actual and standard utilisation should not be treated as the only possible long-run equilibrium condition. The argument is illustrated …
Ordoliberalism: The Next Generation. What Do Prospective Social Science Teachers in Germany Think About the Euro Crisis
We present results from a survey of 785 prospective social science teachers who were asked about their attitudes on the euro crisis during their first year at university in Germany. The students strongly believe that the crisis is mainly due to excessive public debt and lack of competitiveness in the crisis countries but do not consider Germany's persistent trade surplus as a major problem. A regression analysis suggests that students’ views abou…
Income Distribution and Growth Models: A Sectoral Balances Approach
This article revisits the macroeconomic foundations and political economy of national growth models. It argues that the neo-Kaleckian model, which inspired the emergent growth model perspective and focuses primarily on the functional income distribution, can be usefully complemented by theories of private household consumption that focus on the personal distribution of income. The examples of the export-led and debt-led growth models of Germany a…
Inequality in Germany: A Macroeconomic Perspective
Household surveys such as the German Socio-Economic Panel (SOEP) tend to underestimate income and wealth inequality. The research methodology developed by Thomas Piketty et al. therefore analyses official tax statistics in order to more accurately determine the inequality between the people at the top of the income and wealth distribution scale and the rest of the population. However, Piketty’s methodology underestimates the rise in inequality in…
Varieties of capitalism and growth regimes: The Role of Income Distribution
This article proposes a comparative political economy framework for analyzing the links between varieties of capitalism (VoC) and growth models, with a focus on the role of income distribution in the international trade imbalances leading up to the global financial crisis of 2008. For a panel of 18 countries over the period 1981-2007, we find that strongly rising top income shares contributed to debt-led growth and current account deficits in maj…
Varieties of the rat race: Working Hours in the Age of Abundance
We ask why working hours in the rich world have not declined more sharply or even risen at times since the early 1980s, despite a steady increase in productivity, and why they vary so much across rich countries. We use an internationally comparable database on working hours (Bick et al., 2019) and conduct panel data estimations for a sample of 17 European countries and the USA over the period 1983-2019. We find that high or increasing top-end inc…
Economics (8 works) · Economic Theory and Policy (6 works) · Macroeconomics (6 works) · Housing, Finance, and Neoliberalism (5 works) · Capitalism (4 works) · Distribution (mathematics (4 works) · Inequality (4 works) · Political Economy and Marxism (4 works) · Political science (4 works) · Politics (4 works)