Die Aufgaben der Einkommenspolitik im Rahmen einer keynesianischen Beschäftigungspolitik: Eine Skizze
[The tasks of incomes policy in Keynesian employment policy: a draft]
AbstractRecent Post-Keynesian proposals for an economic policy to overcome stagnation and mass unemployment also stress the necessity of incomes policy without precisely specifying the role of such a policy. Starting from the theories of distribution by Kalecki and Kaldor this paper therefore tries to draft the tasks for an incomes policy accompanying a successful employment policy. Here the utilization of the capital stock below normal is distinguished from full utilization and it is shown that incomes policiy is not only needed to avoid inflation by means of wage controls. Under certain conditions incomes policy may also help to stimulate private investment.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 19324.
Date of creation: 1996
Date of revision:
Incomes policy; employment; aggregate demand; Post-Keynesian economics;
Find related papers by JEL classification:
- E64 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Incomes Policy; Price Policy
- E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Martin L. Weitzman, 1984.
"The Simple Macroeconomics of Profit Sharing,"
357, Massachusetts Institute of Technology (MIT), Department of Economics.
- Layard, Richard, 1982. "Is Incomes Policy the Answer to Unemployment?," Economica, London School of Economics and Political Science, vol. 49(195), pages 219-39, August.
- Weitzman, Martin L, 1985. "Profit Sharing as Macroeconomic Policy," American Economic Review, American Economic Association, vol. 75(2), pages 41-45, May.
- Arestis, Philip, 1996. "Post-Keynesian Economics: Towards Coherence," Cambridge Journal of Economics, Oxford University Press, vol. 20(1), pages 111-35, January.
- Bhaduri, Amit & Marglin, Stephen, 1990. "Unemployment and the Real Wage: The Economic Basis for Contesting Political Ideologies," Cambridge Journal of Economics, Oxford University Press, vol. 14(4), pages 375-93, December.
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