IDEAS home Printed from https://ideas.repec.org/p/zbw/jlufwa/88.html
   My bibliography  Save this paper

Zur (Ir-) Relevanz der Kaufkrafttheorie

Author

Listed:
  • Scherf, Wolfgang

Abstract

Nach der Kaufkrafttheorie belebt eine Erhöhung der (Nominal-) Löhne die Konsumnachfrage und führt somit in einer unterbeschäftigten Wirtschaft zu einem Anstieg von Produktion und Beschäftigung. Dahinter steht die kaldorianische Hypothese, dass eine Umverteilung des Einkommens zugunsten der Lohnempfänger die Nachfrage verstärkt, weil diese einen größeren Teil ihres Einkommens verausgaben als die Gewinnempfänger. Im Folgenden wird theoretisch begründet, warum Erhöhungen der Nominallöhne, die nicht zu höheren Reallöhnen führen, sondern in den Preisen weitergewälzt werden, keine positiven Produktions- und Beschäftigungseffekte nach sich ziehen. Die Analyse bedient sich nicht der geläufigen neoklassischen Argumentationsmuster, sondern verwendet ausschließlich Elemente der Verteilungstheorien von Kaldor (1955/56) und Kalecki (1938), die als keynesianische Verteilungstheorien eingestuft werden (Keynes-Gesellschaft, 2012).

Suggested Citation

  • Scherf, Wolfgang, 2012. "Zur (Ir-) Relevanz der Kaufkrafttheorie," Finanzwissenschaftliche Arbeitspapiere 88, Justus Liebig University Giessen, Fachbereich Wirtschaftswissenschaften.
    • Handle: RePEc:zbw:jlufwa:88
    as

    Download full text from publisher

    File URL: https://www.econstor.eu/bitstream/10419/73661/1/746040040.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Nicholas Kaldor, 1955. "Alternative Theories of Distribution," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 23(2), pages 83-100.
    2. Scherf, Wolfgang, 2000. "Orientierungsgrößen und gesamtwirtschaftliche Wirkungen der Nominallohnpolitik," Finanzwissenschaftliche Arbeitspapiere 56, Justus Liebig University Giessen, Fachbereich Wirtschaftswissenschaften.
    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. Canavire-Bacarreza, Gustavo & Martínez-Vázquez, Jorge & Vulovic, Violeta, 2013. "Taxation and Economic Growth in Latin America," IDB Publications (Working Papers) 4583, Inter-American Development Bank.
    2. Shinhye Chang & Rangan Gupta & Stephen M. Miller, 2018. "Causality Between Per Capita Real GDP and Income Inequality in the U.S.: Evidence from a Wavelet Analysis," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 135(1), pages 269-289, January.
    3. Eckhard Hein, 2006. "Money, interest and capital accumulationin Karl Marx's economics: a monetary interpretation and some similaritiesto post-Keynesian approaches," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 13(1), pages 113-140.
    4. Botte, Florian & Dallery, Thomas, 2019. "Analyse systématique du modèle de Bhaduri et Marglin à prix flexibles : « Ça dépend de la valeur des paramètres » [Systematic analysis of the Bhaduri-Marglin Model with flexible prices: « It depend," Revue de la Régulation - Capitalisme, institutions, pouvoirs, Association Recherche et Régulation, vol. 26.
    5. Jürgen Kromphardt, 2012. "Fallende Lohnquoten und Verteilungstheorie," Wirtschaft und Gesellschaft - WuG, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik, vol. 38(2), pages 321-330.
    6. Eric Kemp‐Benedict, 2020. "Convergence of actual, warranted, and natural growth rates in a Kaleckian–Harrodian‐classical model," Metroeconomica, Wiley Blackwell, vol. 71(4), pages 851-881, November.
    7. Corrado Di Guilmi & Laura Carvalho, 2015. "The dynamics of leverage in a Minskyan model with heterogenous firms," Working Paper Series 28, Economics Discipline Group, UTS Business School, University of Technology, Sydney.
    8. Daron Acemoglu & James A. Robinson, 2015. "The Rise and Decline of General Laws of Capitalism," Journal of Economic Perspectives, American Economic Association, vol. 29(1), pages 3-28, Winter.
    9. Rishabh Kumar, 2015. "Wealth accumulation and aggregate demand stagnation in a two class economy with applications to the United States," Working Papers 1526, New School for Social Research, Department of Economics.
    10. Schlicht, Ekkehart, . "Zwei makroökonomische Koordinationsprobleme," Chapters in Economics,, University of Munich, Department of Economics.
    11. Joseph E Stiglitz & Martin M Guzman, 2021. "The pandemic economic crisis, precautionary behavior, and mobility constraints: an application of the dynamic disequilibrium model with randomness† [A new view of technological change]," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 30(2), pages 467-497.
    12. Codrina Rada, 2007. "A growth model for a two-sector economy with endogenous productivity," Working Papers 44, United Nations, Department of Economics and Social Affairs.
    13. Alois Guger, 2012. "Einkommensverteilung als Krisenursache," Wirtschaft und Gesellschaft - WuG, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik, vol. 38(2), pages 345-356.
    14. Michalis Nikiforos & Marcio Santetti & Rudiger von Arnim, 2021. "The Sraffian Supermultiplier and Cycles: Theory and Empirics," Economics Working Paper Archive wp_993, Levy Economics Institute.
    15. Laura Carvalho & Armon Rezai, 2016. "Personal income inequality and aggregate demand," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 40(2), pages 491-505.
    16. Gu, Xinhua & Tam, Pui Sun, 2013. "The saving–growth–inequality triangle in China," Economic Modelling, Elsevier, vol. 33(C), pages 850-857.
    17. Enea Baselgia & Reto Foellmi, 2022. "Inequality and growth: a review on a great open debate in economics," WIDER Working Paper Series wp-2022-5, World Institute for Development Economic Research (UNU-WIDER).
    18. Jacobo, Juan, 2022. "A multi time-scale theory of economic growth and cycles," Structural Change and Economic Dynamics, Elsevier, vol. 62(C), pages 143-155.
    19. Soon Ryoo, 2013. "Minsky cycles in Keynesian models of growth and distribution," Review of Keynesian Economics, Edward Elgar Publishing, vol. 1(1), pages 37-60, January.
    20. Joan Esteban & Debraj Ray, 2003. "Inequality and Public Resource Allocation," Working Papers 47, Barcelona School of Economics.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    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:zbw:jlufwa:88. 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: ZBW - Leibniz Information Centre for Economics (email available below). General contact details of provider: https://edirc.repec.org/data/fwgiede.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.