首页> 外文会议> >Employment-Centred Stabilisation Policy Propelling the Economy to 'Escape Velocity'
【24h】

Employment-Centred Stabilisation Policy Propelling the Economy to 'Escape Velocity'

机译:以就业为中心的稳定政策,推动经济“逃脱速度”

获取原文

摘要

The paper refines and generalizes the Fanti and Manfredi Goodwinian model with delayed profit-sharing allowing capital investment lower than profit. Although periodic dynamics arise via simple Andronov - Hopf bifurcation for large "humped" delays, the opponents' proposition that the wage-profit indexation triggers persistent economic cycles is incorrect. The paper reveals detrimental effects of the profit-sharing rule for economic reproduction in the long run even when it alleviates oscillations. This paper revises the equations for profit-sharing and bargained wage terms from the opponents' model in two encompassing non-linear four-dimensional models. The previous model enabled extreme condition tests for them. In the first, before second-order delay is added, a growth rate of profit is proportional to a gap between the indicated and current employment ratios. This policy rule with a great margin of safety stabilises capital accumulation being fuzzier for stretched "humped" delays, hi the second model, deviations of employment ratio and delayed profit rate from their stationary magnitudes define net change of relative wage. This proportional control already present in the first model is reinforced in the second shortening a transient to a distant target employment ratio. Parametric optimization for both models is supported by Vensim.
机译:本文通过延迟分享利润使资本投资低于利润来完善和推广Fanti和Manfredi Goodwinian模型。尽管通过简单的Andronov-Hopf分叉产生大的“驼峰”式延迟的周期性动力,但反对者关于工资利润指数化引发持续经济周期的主张是不正确的。本文揭示了利润分享规则对经济再生产的长期不利影响,即使缓解了振荡。本文在两个包含四个维度的非线性模型中,修改了反对者模型中的利润分成和议价工资条款的方程式。先前的模型为它们启用了极端条件测试。首先,在添加二阶延迟之前,利润的增长率与所示就业率和当前就业率之间的差距成比例。该政策规则具有很大的安全余量,可以稳定资本积累,避免因“延误”的延误而变得模糊不清。在第二种模型中,就业率和延迟的利润率与其固定幅度的偏差定义了相对工资的净变化。在第一个模型中已经存在的比例控制在第二个模型中得到了加强,从而将瞬态转化为遥远的目标就业率。 Vensim支持两种模型的参数优化。

著录项

  • 来源
    《》|2013年|3224-3253|共30页
  • 会议地点
  • 作者

    Alexander V. RYZHENKOV;

  • 作者单位
  • 会议组织
  • 原文格式 PDF
  • 正文语种
  • 中图分类
  • 关键词

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱:kefu@zhangqiaokeyan.com

京公网安备:11010802029741号 ICP备案号:京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有
  • 客服微信

  • 服务号