摘要:

ABSTRACTEmployment policies were a concern throughout history but not always in the sense of Keynes. German neoliberals (who had anticipated Keynesian ideas around 1930) emphasised the need for productive employment in the period of growth after the war. According to the vision of a social market economy, jobs should not be only temporary, but offer lasting employment, in industries with good development prospects, and in conditions conductive to good work.

ISSN:0026-1386    

DOI:10.1111/j.1467-999X.1996.tb00390.x

出版商:Blackwell Publishing Ltd    

年代:1996

数据来源: WILEY

摘要:

ABSTRACTLet us consider a growing economy where capitalists organize production emitting pollutants. The government is supposed to issue emission rights in order to control the amount of emitted pollutants, while capitalists must control their emission of pollutants in accordance with the amount of emission rights they buy. It is assumed that workers are also allowed to purchase emission rights. We show that the conventional inverse relationship holds between the wage rate and the profit rate, and between per capita consumption and the growth rate in this economy. We also study how economic variables such as the wage rate and per capita consumption are affected by the workers' purchase of emission rights.

ISSN:0026-1386    

DOI:10.1111/j.1467-999X.1996.tb00391.x

出版商:Blackwell Publishing Ltd    

年代:1996

数据来源: WILEY

摘要:

ABSTRACTThis note provides simple proofs of the equivalence among the core, equilibrium and limited arbitrage in markets with short sales, and with uniform strictly convex preferences.

ISSN:0026-1386    

DOI:10.1111/j.1467-999X.1996.tb00392.x

出版商:Blackwell Publishing Ltd    

年代:1996

数据来源: WILEY

摘要:

ABSTRACTDrawing on recent debate over the theoretical significance of (Sraffian) normal prices this paper begins by outlining an interpretation of the relation between normal prices and administered pricing. This interpretation takes the anticipated average or normal rate of capacity utilization in each sector as data in the calculation of prices and profit rates. However, anticipated average utilization in each sector, in a cyclically disturbed system, will depend on relative prices and thus on distribution. This interdependence between prices, profit rates and utilization has an important bearing on certain issues arising out of attempts at a Sraffa‐Keynes synthesis. The paper attempts to shed light on those issues by exploring further the links between pricing, utilization and investment, using a simplified three‐sector mo

ISSN:0026-1386    

DOI:10.1111/j.1467-999X.1996.tb00393.x

出版商:Blackwell Publishing Ltd    

年代:1996

数据来源: WILEY

摘要:

ABSTRACTReinvested earnings on direct foreign investment are accounted for differently in A System of National Accounts 1968 and the System of National Accounts 1993. In this paper these treatments are compared in relation to the connection between national income accounting and macroeconomic theory. For this purpose, macroeconomic modelling is represented by an attempt to extend the closed‐economy Cambridge model of growth and distribution to a two‐country trading wo

ISSN:0026-1386    

DOI:10.1111/j.1467-999X.1996.tb00394.x

出版商:Blackwell Publishing Ltd    

年代:1996

数据来源: WILEY