Prices and Income Distribution: A Note
Journal title STUDI ECONOMICI
Author/s Alessandro Roncaglia
Publishing Year 2010 Issue 2010/100
Language Italian Pages 13 P. 261-273 File size 522 KB
DOI 10.3280/STE2010-100014
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After a brief critical evaluation of the main non-mainstream lines of analysis of income distribution (Kaldor’s and related models connecting income distribution to growth, Sraffa’s "Keynesian" suggestion of a link between the interest rate and the rate of profits, the "Kaleckian" degree of monopoly), the paper suggests to deal with income distribution not by looking for the determination of an equilibrium point on the wage-profit frontier, but as a dynamic-evolutionary process. Sylos Labini’s contribution is illustrated as an example of this approach, and a scheme for co-ordinating an interrelated group of analyses joining theoretical and applied investigation is suggested.
Keywords: Prices, income distribution, wages, profits, mark-up
Jel codes: B50, D33
Alessandro Roncaglia, Prezzi e distribuzione del reddito: una nota in "STUDI ECONOMICI " 100/2010, pp 261-273, DOI: 10.3280/STE2010-100014