The Demand for Labour: A Post Keynesian Appraisal
This paper is concerned with ambiguities in the Post Keynesian model regarding the nature of the functions involved in the determination of the demand for labour. Those ambiguities have led to misleading representations of Keynes’s theories regarding the demand for labour and to conceptually travest...
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| Tipo de recurso: | artículo |
| Fecha de publicación: | 2014 |
| País: | España |
| Institución: | Universidad Complutense de Madrid (UCM) |
| Repositorio: | Docta Complutense |
| Idioma: | inglés |
| OAI Identifier: | oai:docta.ucm.es:20.500.14352/34991 |
| Acceso en línea: | https://hdl.handle.net/20.500.14352/34991 |
| Access Level: | acceso abierto |
| Palabra clave: | E12 Post Keynesian Economics Demand for labour Aggregate supply and demand Effective demand. Historia económica Teorías económicas 5506.06 Historia de la Economía 5307 Teoría Económica |
| Sumario: | This paper is concerned with ambiguities in the Post Keynesian model regarding the nature of the functions involved in the determination of the demand for labour. Those ambiguities have led to misleading representations of Keynes’s theories regarding the demand for labour and to conceptually travesty effective demand schedules. These controversial concepts will be analysed in reference to Keynes’ original reflections. Furthermore, this paper offers a different analysis from those of Allain (2009), Hartwig (2011), Hayes (2013), Lavoie (1992) and Chick (1983), but also from the Weintraub (1956) and Davidson’s (1994) Z and AD theoretical framework. |
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