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Teoria dell'occupazione: due impostazioni a confronto

Listed author(s):
  • Alessandro Roncaglia

    ()

    (Sapienza University of Rome)

Introducing the publication of a long 1956 letter by Franco Modigliani (FM) to Paolo Sylos Labini (PSL) on the draft of PSL's book, Oligopoly and Technical Progress, the paper critically reviews the theoretical background of FM's comments, showing how the pre-Keynesian roots dominate the so-called neoclassical synthesis as well as its shaky foundations. The paper also discusses FM's interpretation of PSL's oligopoly theory, as well as their collaboration (and differences) on policy issues, such as their opposition to the 100% money wage indexation adopted in Italy from the mid-1970s to the mid-1980s.

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File URL: http://ojs.uniroma1.it/index.php/monetaecredito/article/view/12914/12717
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Article provided by Economia civile in its journal Moneta e Credito.

Volume (Year): 67 (2014)
Issue (Month): 267 ()
Pages: 243-270

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Handle: RePEc:psl:moneta:2014:31
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  1. Franco Modigliani & Jean Paul Fitoussi & Beniamino Moro & Denis Snower & Robert Solo & Alfred Steinherr & Paolo Sylos Labini, 1999. "An Economist’s Manifesto on Unemployment in the European Union," Journal of Income Distribution, Journal of Income Distribution, vol. 8(2), pages 1-1, December.
  2. Paolo Sylos Labini, 2005. "Franco Modigliani e l’oligopolio," Moneta e Credito, Economia civile, vol. 58(230-231), pages 43-50.
  3. Franco Modigliani, 1958. "New Developments on the Oligopoly Front," Journal of Political Economy, University of Chicago Press, vol. 66, pages 215-215.
  4. Franco Modigliani & Tommaso Padoa-Schioppa, 1977. "La politica economica in una economia con salari indicizzati al 100% piu," Moneta e Credito, Economia civile, vol. 30(117), pages 3-53.
  5. Alessandro Roncaglia, 2009. "Keynes and probability: An assessment," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 16(3), pages 489-510.
  6. Alessandro Roncaglia, 2014. "Should the History of Economic Thought be Included in Undergraduate Curricula?," Economic Thought, World Economics Association, vol. 3(1), pages 1-1, March.
  7. Antonella Rancan, 2014. "Commento di Modigliani alla teoria della disoccupazione di Sylos Labini (attraverso la corrispondenza del 1956)," Moneta e Credito, Economia civile, vol. 67(267), pages 271-284.
  8. Alessandro Roncaglia, 2012. "Keynesian uncertainty and the shaky foundations of statistical risk assessment models," PSL Quarterly Review, Economia civile, vol. 65(263), pages 437-454.
  9. George J. Stigler, 1947. "The Kinky Oligopoly Demand Curve and Rigid Prices," Journal of Political Economy, University of Chicago Press, vol. 55, pages 432-432.
  10. Alessandro Roncaglia & Mario Tonveronachi, 1985. "Pre-Keynesian roots of the neoclassical synthesis," Cahiers d'Économie Politique, Programme National Persée, vol. 10(1), pages 51-65.
  11. Lorenzo Esposito, 2014. "Con Annibale alle porte. L'internazionalizzazione del sistema bancario e il caso italiano," Moneta e Credito, Economia civile, vol. 67(266), pages 311-338.
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