Strong accelerator and concavity of the consumption function in neokaleckian models: rediscussing the wage-led growth
| Autor: | Vivian Garrido Moreira |
|---|---|
| Jazyk: | portugalština |
| Rok vydání: | 2019 |
| Předmět: |
Bhaduri and Marglin
robinsonian stability crescimento liderado pelos salários Philosophy 05 social sciences 0211 other engineering and technologies 021107 urban & regional planning 02 engineering and technology acelerador forte profit-squeeze 0502 economics and business wage-led growth compressão de lucros Bhaduri e Marglin 050207 economics strong accelerator General Economics Econometrics and Finance Humanities estabilidade robinsoniana |
| Zdroj: | Nova Economia v.29 n.3 2019 Nova Economia Universidade Federal de Minas Gerais (UFMG) instacron:UFMG Nova Economia, Volume: 29, Issue: 3, Pages: 731-756, Published: 06 MAR 2020 |
| Popis: | EnglishAbstract This essay proposes an alternative for generalization, under certain conditions, of the concept of strong accelerator, in the sense given by Bhaduri and Marglin (1988 and 1990) model, using a concave consumption function. Based on this, it demonstrates that the possibility of a wage-led growth becomes very probable and no more an eventual case. Symmetrically, it makes improbable the possibility of occurrence of profit squeeze. The text also analyses critically the Bhaduri and Marglin canonical model, presenting questions about its clarity as a source of criticism of a range of neokaleckians growth models that have been published previously. portuguesResumo Este ensaio propoe uma alternativa de generalizacao, sob certas condicoes, do conceito de acelerador forte, no sentido dado a ele dentro do modelo critico de Bhaduri e Marglin (1988 e 1990), a partir de uma funcao consumo concava. Com base nisso, demonstra que a possibilidade de um regime de crescimento liderado pelos salarios deixa de ser um caso eventual, tonando-se consideravelmente provavel. Simetricamente, torna improvavel a possibilidade de ocorrencia de compressao dos lucros (profit-squeeze). O texto tambem analisa criticamente o proprio modelo canonico de Bhaduri e Marglin, apresentando questionamentos sobre sua clareza enquanto fonte de critica a uma serie de modelos de crescimento neokaleckianos que o antecedem. |
| Databáze: | OpenAIRE |
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