Die Aufgaben der Einkommenspolitik im Rahmen einer keynesianischen Beschäftigungspolitik: Eine Skizze

The tasks of incomes policy in Keynesian employment policy: a draft

Eckhard Hein

MPRA Paper from University Library of Munich, Germany

Abstract: Recent Post-Keynesian proposals for an economic policy to overcome stagnation and mass unemployment also stress the necessity of incomes policy without precisely specifying the role of such a policy. Starting from the theories of distribution by Kalecki and Kaldor this paper therefore tries to draft the tasks for an incomes policy accompanying a successful employment policy. Here the utilization of the capital stock below normal is distinguished from full utilization and it is shown that incomes policiy is not only needed to avoid inflation by means of wage controls. Under certain conditions incomes policy may also help to stimulate private investment.

Keywords: Incomes policy; employment; aggregate demand; Post-Keynesian economics (search for similar items in EconPapers)
JEL-codes: E24 E64 (search for similar items in EconPapers)
Date: 1996
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