非自発的失業の存在 - 単純な世代重複完全競争モデルによって -

The existence of unemployment - By a simple overlapping generations perfect competition model -

Yasuhito Tanaka

MPRA Paper from University Library of Munich, Germany

Abstract: We show the existence of involuntary unemployment without assuming wage rigidity. We derive involuntary unemployment by considering utility maximization of consumers and profit maximization of firms in an overlapping generations model under perfect competition with constant returns to scale technology. We show that there exists involuntary unemployment even when labor supply is divisible. We also show that reduction of nominal wages can not rescue involuntary unemployment.

Keywords: 非自発的失業，完全競争，分割的労働供給，世代重複モデル (search for similar items in EconPapers)
JEL-codes: E12 E24 (search for similar items in EconPapers)
Date: 2020
New Economics Papers: this item is included in nep-mac, nep-ore and nep-upt
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https://mpra.ub.uni-muenchen.de/98905/1/MPRA_paper_98905.pdf original version (application/pdf)
https://mpra.ub.uni-muenchen.de/98999/1/MPRA_paper_98905.pdf revised version (application/pdf)
https://mpra.ub.uni-muenchen.de/98999/8/MPRA_paper_98999.pdf revised version (application/pdf)
https://mpra.ub.uni-muenchen.de/99270/1/MPRA_paper_99270.pdf revised version (application/pdf)

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