Kaleckian增长和分配模型中的外债、相互冲突的债权和收入政策

Q3 Economics, Econometrics and Finance

Journal of Globalization and Development Pub Date : 2018-06-26 DOI:10.1515/jgd-2018-0004

P. Bortz, Gabriel Michelena, Fernando Toledo

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引用次数: 4

摘要

摘要本文发展了一个具有内生收入分配的Kaleckian增长模型，该模型由收入份额的冲突主张决定。文章分析了不同的需求、分配和债务制度，外债根据其对汇率和偿债的影响发挥着不同的作用。我们进一步研究了基于税收的收入政策对汇率传递和外部竞争力的影响。我们发现，税收（或补贴）的威胁可以作为协调收入主张、降低通胀压力和提高外部价格竞争力的工具。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Foreign debt, conflicting claims and income policies in a Kaleckian model of growth and distribution

Abstract The paper develops a Kaleckian model of growth with endogenous income distribution, determined by conflicting claims on income shares. The article analyzes different demand, distribution and debt regimes, with external debt playing a differential role according to its impact on the exchange rate and on debt-servicing. We further study the impact of a tax-based income policy on the exchange-rate pass-through and external competitiveness. We find that the threat of taxation (or subsidies) can serve as an instrument to coordinate income claims, lower inflationary pressures and improve external price competitiveness.

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来源期刊

Journal of Globalization and Development Economics, Econometrics and Finance-Economics, Econometrics and Finance (all)

CiteScore

1.20

自引率

0.00%

发文量

期刊介绍： The Journal of Globalization and Development (JGD) publishes academic research and policy analysis on globalization, development, and in particular the complex interactions between them. The journal is dedicated to stimulating a creative dialogue between theoretical advances and rigorous empirical studies to push forward the frontiers of development analysis. It also seeks to combine innovative academic insights with the in-depth knowledge of practitioners to address important policy issues. JGD encourages diverse perspectives on all aspects of development and globalization, and attempts to integrate the best development research from across different fields with contributions from scholars in developing and developed countries. Topics: -Economic development- Financial investments- Development Aid- Development policies- Growth models- Sovereign debt