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Condition for Linearity of the Wage Curve

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  • Christian Bidard

    (EconomiX - EconomiX - UPN - Université Paris Nanterre - CNRS - Centre National de la Recherche Scientifique)

Abstract

For a given technique, the wage-rate of profit curve is linear in one-sector models. In multisector models, Wicksell effects appear and some paradoxes in capital theory are linked to the complex shape of the wage curve. We study the conditions ensuring the linearity of the curve for a bisector model and for models satisfying a specific rank condition.

Suggested Citation

  • Christian Bidard, 2020. "Condition for Linearity of the Wage Curve," Post-Print hal-02478434, HAL.
    • Handle: RePEc:hal:journl:hal-02478434
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    Cited by:

    1. Tsoulfidis, Lefteris, 2021. "Capital Theory Debates: New Developments and Direction," Centro Sraffa Working Papers CSWP51, Centro di Ricerche e Documentazione "Piero Sraffa".

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