Munich Personal RePEc Archive


Sasaki, Hiroaki (2018): タイトル:カレツキアン・モデルの基本骨格――短期モデルと長期モデル――.

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This study explains the basic framework of the short-run Kaleckian model and the long-run Kaleckian model. The short-run Kaleckian model is a model in which the rate of capacity utilization is adjusted in response to excess demand and excess supply of the goods market with given capital stock. The long-run Kaleckian model is a model in which capital stock is adjusted in response to the difference between the desired rate of capital accumulation and the actual rate of capital accumulation. Moreover, we endogenize the profit share by introducing the reserve-army effect. By adding different elements to these basic Kaleckian models, one can build an extended Kaleckian model according to his/her purpose.

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