A welfare economics foundation for the full-employment policy

被引：5

作者：

Otaki, Masayuki ^{[1
]}

机构：

[1] Univ Tokyo, Inst Social Sci, Tokyo 1130033, Japan

来源：

ECONOMICS LETTERS | 2009年 / 102卷 / 01期

关键词：

Dynamic Keynesian cross; Efficient wage bargaining; Involuntary unemployment;

D O I：

10.1016/j.econlet.2008.08.003

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Combining the dynamic Keynesian cross (Otaki, M., 2007. The dynamically extended Keynesian cross and the welfare-improving fiscal policy. Economics Letters 96, 23-29.) with modified efficient wage bargaining. based on McDonald and Solow (McDonald, I.M. and Solow, R.M. 1981. Wage bargaining and employment. American Economic Review 71, 896-908.), we have Succeeded in showing a kind of involuntary unemployment as an equilibrium Outcome. (C) 2008 Published by Elsevier B.V.

引用

页码：1 / 3

页数：3

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[8] The dynamically extended Keynesian cross and the welfare-improving fiscal policy [J].

Otaki, Masayuki .

ECONOMICS LETTERS, 2007, 96 (01) :23-29

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