The Business Cycle in the Japanese Economy 1971-94: A Kaleckian View(特定個人研究)
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概要
- 論文の詳細を見る
This paper constructs a Kalecki type Kaldorian model to examine features of the Japanese business cycle and a number of stylized facts. The model aims to explain the changes in the macro-economic variables associated with the business cycle. The model is tested by simulation to reproduce the observed statistical properties of the economy. The model is successful in reproducing the trend element in the key variables and is moderately successful in reproducing the dynamic path. The model is successful in mimicking the cyclical pattern of productivity and real wages, but is less successful in the cases of the labour share, the profit rate and the mark-up rate.
- 桃山学院大学の論文
- 2001-07-10
著者
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Matthews Kent
Cardiff Business School University Of Wales College Of Cardiff
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Matthews Kent
Cardiff Business School University Of Wales
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Iyoda Mitsuhiko
Faculty Of Economics St. Andrew's (momoyama Gakuin) University
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Iyoda Mitsuhiko
Faculty Of Economics Momoyama Gakuin University
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Iyoda Mitsuhiko
Momoyama Gakuin (st. Andrew's) University
関連論文
- A Kaldorian Analysis: An Application of a Kaldorian Model to the JapaneseEconomy 1971-93
- MARK-UP RATE FLUCTUATIONS IN THE BUSINESS CYCLE : A KALECKIAN VIEW(Designated Research Projects)
- The Business Cycle in the Japanese Economy 1971-94: A Kaleckian View(特定個人研究)
- Towards a High Quality of Life Society : GDP, Welfare and Happiness (Special Issue Dedicated to Professor KUMAGAI Jiro)
- Toward a High Quality of Life in the Mature Society : Beyond GDP (第32回桃山学院大学・啓明大学校国際学術セミナー)
- Estimation of Relative Shares of Labour in Postwar U. K.