可変価格,所得再分配,トランスファー

概要

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There are many inquiries on the criteria of transfer problem, and they are classified into the one based on relative price approach and the one based on income approach. H. G. Gohnson has summarized in a concise form the conditions of overeffect and undereffect. In this paper an attempt is presented to analyse the transfer problem by combining the price and income approach. It is found that the condition of overeffect in Keynesian analysis under the assumption of constant prices is not necessarily true in this attempt. Whether the transfer is overeffected or undereffected depends on many factors, that is, the degree of change in income and expenditure, the direct marginal propencities to import and save out of transfer payment and receipt, the condition of exchange stability, the sign of marginal leakage coefficients, etc.
桃山学院大学の論文