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- Title
SALAIRE, PRIX ET TAUX DE PROFIT DANS UN MODÈLE CLASSIQUE EN DÉSÉQUILIBRE.
- Authors
Klimovsky, Édith; Rosell, Olivier
- Abstract
This paper deals with income distribution in two classical reproduction models in disequilibrium where wages are considered equivalent to the value of a given basket of commodities. These models can be distinguished by the assumption about the distribution of the value of the non-accumulated part of production. We show that the relation between distribution variables is different in these two models. In the first one, the decreasing relation between the variation of the physical composition of wage and the rates of profit is limited to those sectors producing the involved wage-goods. In the second one, this decreasing relation concerns all the rates of profit which, contrary to the first case, only depend on changes in the value of the wage basket, whatever variations in its physical composition.
- Subjects
WAGES; PROFIT; PRICES; ECONOMIC equilibrium; INCOME inequality; INCOME redistribution
- Publication
Cahiers d'Economie Politique, 2012, Issue 62, p143
- ISSN
0154-8344
- Publication type
Article
- DOI
10.3917/cep.062.0143