IDEAS home Printed from https://ideas.repec.org/p/drm/wpaper/2014-55.html

The Wage Curve in Austrian Models

Author

Listed:
  • Christian Bidard

Abstract

We fully characterise, in terms of their local or global properties, the wage curves associated with Austrian models of production. When these properties are met, the degrees of freedom in the choice of parameters allow us to build an Austrian model which admits a given wage curve and satis es other requirements.

Suggested Citation

  • Christian Bidard, 2014. "The Wage Curve in Austrian Models," EconomiX Working Papers 2014-54, University of Paris Nanterre, EconomiX.
    • Handle: RePEc:drm:wpaper:2014-55
    as

    Download full text from publisher

    File URL: http://economix.fr/pdf/dt/2014/WP_EcoX_2014-54.pdf
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Bidard,Christian, 2011. "Prices, Reproduction, Scarcity," Cambridge Books, Cambridge University Press, number 9780521180191.
    2. Erreygers, Guido, 1995. "On the Uniqueness of Square Cost-Minimizing Techniques," The Manchester School of Economic & Social Studies, University of Manchester, vol. 63(2), pages 145-166, June.
    3. Christian Bidard & Guido Erreygers, 1998. "The number and type of long-term equilibria," Journal of Economics, Springer, vol. 67(2), pages 181-205, June.
    4. C. E. Lemke, 1965. "Bimatrix Equilibrium Points and Mathematical Programming," Management Science, INFORMS, vol. 11(7), pages 681-689, May.
    5. Dierker, Egbert, 1972. "Two Remarks on the Number of Equilibria of an Economy," Econometrica, Econometric Society, vol. 40(5), pages 951-953, September.
    6. Steedman, Ian, 1982. "Joint Production and the Wage-Rent Frontier," Economic Journal, Royal Economic Society, vol. 92(366), pages 377-385, June.
    7. Christian Bidard, 2011. "The Ricardian Dynamics Revisited," EconomiX Working Papers 2011-24, University of Paris Nanterre, EconomiX.
    8. Kurz,Heinz D. & Salvadori,Neri, 1997. "Theory of Production," Cambridge Books, Cambridge University Press, number 9780521588676.
    9. Christian Bidard, 2010. "The dynamics of intensive cultivation," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 34(6), pages 1097-1104.
    10. Harcourt,G. C. With contributions by-Name:Cohen,Avi J. With contributions by-Name:Mata,Tiago, 2022. "Some Cambridge Controversies in the Theory of Capital," Cambridge Books, Cambridge University Press, number 9781009158152.
    11. Salvadori, Neri, 1986. "Land and Choice of Techniques within the Sraffa Framework," Australian Economic Papers, Wiley Blackwell, vol. 25(46), pages 94-105, June.
    12. Montet, C, 1979. "Reswitching and Primary Input Use: A Comment," Economic Journal, Royal Economic Society, vol. 89(355), pages 642-647, September.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Christian Bidard, 2014. "The Ricardian rent theory two centuries after," Working Papers hal-04141289, HAL.
    2. Christian Bidard, 2014. "The Ricardian rent theory: an overview," Centro Sraffa Working Papers CSWP8, Centro di Ricerche e Documentazione 'Piero Sraffa'.
    3. Christian Bidard, 2012. "Ricardo And Lemke," EconomiX Working Papers 2012-48, University of Paris Nanterre, EconomiX.
    4. Christian Bidard, 2012. "Ricardo And Lemke," EconomiX Working Papers 2012-48, University of Paris Nanterre, EconomiX.
    5. Christian Bidard, 2011. "The Ricardian Dynamics Revisited," EconomiX Working Papers 2011-24, University of Paris Nanterre, EconomiX.
    6. Christian Bidard, 2015. "An oddity property for cross-dual games," EconomiX Working Papers 2015-4, University of Paris Nanterre, EconomiX.
    7. Christian Bidard, 2012. "The Frail Grounds of the Ricardian Dynamics," EconomiX Working Papers 2012-43, University of Paris Nanterre, EconomiX.
    8. Christian Bidard, 2012. "The Ricardo-Lemke parametric algorithm on oddity and uniqueness," EconomiX Working Papers 2012-41, University of Paris Nanterre, EconomiX.
    9. Christian Bidard, 2012. "The Frail Grounds of the Ricardian Dynamics," EconomiX Working Papers 2012-43, University of Paris Nanterre, EconomiX.
    10. Christian Bidard, 2012. "The Ricardo-Lemke parametric algorithm on oddity and uniqueness," EconomiX Working Papers 2012-41, University of Paris Nanterre, EconomiX.
    11. Kazuhiro Kurose, 2022. "A two-class economy from the multi-sectoral perspective: the controversy between Pasinetti and Meade–Hahn–Samuelson–Modigliani revisited," Evolutionary and Institutional Economics Review, Springer, vol. 19(1), pages 239-270, April.
    12. Heinz D. Kurz & Neri Salvadori, 2025. "Okishio on the origin of profits: a Sraffian perspective," Evolutionary and Institutional Economics Review, Springer, vol. 22(1), pages 87-107, April.
    13. Fabio Ravagnani, 2008. "Classical Theory and Exhaustible Natural Resources: Notes on the Current Debate," Review of Political Economy, Taylor & Francis Journals, vol. 20(1), pages 79-93.
    14. J. Barkley Rosser, 2020. "Austrian themes and the Cambridge capital theory controversies," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 33(4), pages 415-431, December.
    15. Alberto Benítez Sánchez & Alejandro Benítez Sánchez, 2014. "Wages Paid in Kind in Self-Replacing Economies," International Journal of Business and Social Research, LAR Center Press, vol. 4(5), pages 1-11, May.
    16. Mariolis, Theodore, 2010. "Κριτική Έκθεση του "Νόμου της Πτωτικής Τάσης του Ποσοστού Κέρδους" του K. Marx: Κατανομή Εισοδήματος, Επισώρευση Κεφαλαίου και Τεχνολογική Μεταβολή στη Μακρά Περίοδο [Critical Exposition of The Marxian 'Law of the Falling Rate of Profit'," MPRA Paper 22461, University Library of Munich, Germany.
    17. Justin Polchlopek, 2011. "Medical Expenditure Growth and the Diffusion of Medical Technology," Working Paper Series, Department of Economics, University of Utah 2011_10, University of Utah, Department of Economics.
    18. van Suntum, Ulrich, 2008. "Dynamic efficiency and reswitching," CAWM Discussion Papers 8, University of Münster, Münster Center for Economic Policy (MEP).
    19. Giovanni Dosi & Marco Grazzi, 2005. "Technology as Problem-Solving Procedures and Technology as Input-Output Relations: Some Perspectives on the Theory of Production," LEM Papers Series 2005/26, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    20. Alberto Benítez Sánchez & Alejandro Benítez Sánchez, 2014. "Wages Paid in Kind in Self-Replacing Economies," International Journal of Business and Social Research, MIR Center for Socio-Economic Research, vol. 4(5), pages 1-11, May.

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    JEL classification:

    • B53 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Austrian
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • D33 - Microeconomics - - Distribution - - - Factor Income Distribution

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:drm:wpaper:2014-55. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Valerie Mignon The email address of this maintainer does not seem to be valid anymore. Please ask Valerie Mignon to update the entry or send us the correct address (email available below). General contact details of provider: https://edirc.repec.org/data/modemfr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.