Some instability puzzles in Kaleckian models of growth and distribution: A critical survey
Some instability puzzles in Kaleckian models of growth and distribution: A critical survey
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卡莱克增长和分配模型中的一些不稳定性难题：一项批判性调查
DOI：
10.1093/cje/beq026
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发表时间：
2011
影响因子：
2
通讯作者：
T. Treeck
中科院分区：
文献类型：
--
作者：
Eckhard Hein;M. Lavoie;T. Treeck
我们解决了卡列克分布和增长模型可能不稳定的问题。区分凯恩斯主义和哈罗德不稳定性，我们回顾了卡莱肯模型的批评者提出的各种机制，以驯服哈罗德不稳定性，同时将利用率恢复到正常水平。我们发现所提出的机制远不能令人信服。因此，我们得出结论，对于卡莱肯模型的批评者来说，忽视长期增长均衡中产能利用率的内生性可能还为时过早。版权所有作者2010。牛津大学出版社代表剑桥政治经济学会出版。版权所有。牛津大学出版社。
We tackle the issue of the possible instability of the Kaleckian distribution and growth model. Distinguishing between Keynesian and Harrodian instability, we review various mechanisms that have been proposed by critics of the Kaleckian model to tame Harrodian instability while bringing back the rate of utilisation to its normal rate. We find that the mechanisms that have been suggested are far from convincing. Therefore, we conclude that it may be premature for the critics of the Kaleckian model to dismiss the endogeneity of the rate of capacity utilisation in long-run growth equilibrium. Copyright The Author 2010. Published by Oxford University Press on behalf of the Cambridge Political Economy Society. All rights reserved., Oxford University Press.