The Wage Curve in Austrian Models
Christian Bidard ()
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Christian Bidard: University Paris Ouest
No CSWP3, Centro Sraffa Working Papers from Centro di Ricerche e Documentazione "Piero Sraffa"
We fully characterise, in terms of their local or global properties, the wage curves associated with Austrian models of production. When these properties are met, the degrees of freedom in the choice of parameters allow us to build an Austrian model which admits a given wage curve and satisfies other requirements.
Keywords: Austrian model; long run; trade-off property; wage curve (search for similar items in EconPapers)
JEL-codes: B53 D24 D33 (search for similar items in EconPapers)
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