Conflict, growth, distribution, and employment: a long-run Kaleckian model

Conflict, growth, distribution, and employment: a long-run Kaleckian model
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冲突、增长、分配和就业:长期卡莱克模型

DOI:
10.1080/02692171.2011.557057
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发表时间:
2011
影响因子:
2.2
通讯作者:
H. Sasaki
H. Sasaki
中科院分区:
--
文献类型:
--
作者:
H. Sasaki

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本文提出了一个卡莱克增长模型,在该模型中,(I)在中期内调整产能利用率、利润份额和就业率;(Ii)在长期内调整正常产能利用率和预期资本积累率。长期均衡是一系列均衡的连续体,其特点是滞后,因为经济的长期位置取决于它的起点。工人议价能力的提高会降低中期和长期均衡的失业率。
Abstract This paper presents a Kaleckian growth model in which (i) the rate of capacity utilization, the profit share, and the rate of employment are adjusted in the medium run, and (ii) the normal rate of capacity utilization and the expected rate of capital accumulation are adjusted in the long run. The long-run equilibrium is a continuum of equilibria and is characterized by hysteresis in that the long-run position of the economy depends on where it starts. An increase in the bargaining power of workers lowers the rate of unemployment in both the medium-run and the long-run equilibrium.