The Financial Rate of Profit: What Is It, and How Has It Behaved in the United States?
Publication Date
2013
Description
This work contributes to the almost nonexistent literature on the profit rate of the financial sector. It updates the single study to include financial variables to cover the past decade, compares this profit rate to the (almost unpublished) Weisskopf and NIPA financial profit rates, compares the financial and nonfinancial sector rates, and details the procedure to construct the profit rate in the financial sector including relevant financial variables which capitalists consider to make profit-rate decisions. JEL Classification: B50, E11
Journal
Review of Radical Political Economics
Volume
45
Issue
3
First Page
295
Last Page
304
Department
Economics
Link to Published Version
Recommended Citation
Bakir, Erdogan and Campbell, Al. "The Financial Rate of Profit: What Is It, and How Has It Behaved in the United States?." Review of Radical Political Economics (2013) : 295-304.