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INTERNATIONAL COMPETITION AND DISTRIBUTIVE CLASS CONFLICT IN AN OPEN ECONOMY KALECKIAN MODEL

机译:开放经济的Kaleckian模型中的国际竞争和分配类冲突

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摘要

This paper constructs an open economy Kaleckian model in which international competition affects the bargaining process between firms and workers, and investigates the effects of such bargaining on the macroeconomy. We show that the effects of a change in the bargaining power on aggregate demand depends not only on the demand regimes but also on which agents bears more of the burden arising from the international price competition. Moreover, if the real exchange rate has a small impact on the trade balance, the economy is stable, whereas if it has a larger impact on the trade balance, the economy is unstable.
机译:本文构建了一个开放经济的Kaleckian模型,在该模型中,国际竞争会影响企业与工人之间的讨价还价过程,并研究这种讨价还价对宏观经济的影响。我们表明,议价能力的变化对总需求的影响不仅取决于需求制度,而且还取决于哪个代理商承担着更多的国际价格竞争所带来的负担。此外,如果实际汇率对贸易平衡的影响较小,则经济将保持稳定,而如果实际汇率对贸易平衡的影响较大,则经济将变得不稳定。

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  • 来源
    《Metroeconomica》 |2013年第4期|683-715|共33页
  • 作者单位

    Graduate School of Economics Kyoto University Yoshida-Honmachi Sakyo-ku Kyoto 606-8501 Japan;

    Faculty of Economics Saga University Saga Japan;

    Graduate School of Economics Nagoya University Nagoya Japan;

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  • 正文语种 eng
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