Building a path of equality to economic progress and macroeconomic stability - the economic theory of the Swedish model
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Lazear, Edward P & Rosen, Sherwin, 1981.
"Rank-Order Tournaments as Optimum Labor Contracts,"
Journal of Political Economy, University of Chicago Press, vol. 89(5), pages 841-864, October.
- Edward P. Lazear & Sherwin Rosen, 1979. "Rank-Order Tournaments as Optimum Labor Contracts," NBER Working Papers 0401, National Bureau of Economic Research, Inc.
- Messina, Julian & Strozzi, Chiara & Turunen, Jarkko, 2009.
"Real wages over the business cycle: OECD evidence from the time and frequency domains,"
Journal of Economic Dynamics and Control, Elsevier, vol. 33(6), pages 1183-1200, June.
- Messina, Julián & Strozzi, Chiara & Turunen, Jarkko, 2008. "Real Wages over the Business Cycle: OECD Evidence from the Time and Frequency Domains," IZA Discussion Papers 3884, Institute of Labor Economics (IZA).
- Messina, Julián & Turunen, Jarkko & Strozzi, Chiara, 2009. "Real wages over the business cycle: OECD evidence from the time and frequency domains," Working Paper Series 1003, European Central Bank.
- Julian Messina & Chiara Strozzi & Jarkko Turunen, 2009. "Real Wages over the Business Cycle: OECD Evidence from the Time and Frequency Domains," Working Papers 2009-02, FEDEA.
- Julián Messina & Chiara Strozzi & Jarkko Turunen, 2008. "Real Wages over the Business Cycle: OECD Evidence from the Time and Frequency Domains," Center for Economic Research (RECent) 028, University of Modena and Reggio E., Dept. of Economics "Marco Biagi".
- Lennart Erixon, 2015. "Can fiscal austerity be expansionary in present-day Europe? The lessons from Sweden," Review of Keynesian Economics, Edward Elgar Publishing, vol. 3(4), pages 567—601-5, October.
- J. David Brown & John S. Earle, 2008.
"Understanding the Contributions of Reallocation to Productivity Growth: Lessons from a Comparative Firm-Level Analysis,"
ESCIRRU Working Papers
9, DIW Berlin, German Institute for Economic Research.
- Brown, J. David & Earle, John S., 2008. "Understanding the Contributions of Reallocation to Productivity Growth: Lessons from a Comparative Firm-Level Analysis," IZA Discussion Papers 3683, Institute of Labor Economics (IZA).
- J. David Brown & John S. Earle, 2008. "Understanding the Contributions of Reallocation to Productivity Growth: Lessons from a Comparative Firm-Level Analysis," Upjohn Working Papers 08-141, W.E. Upjohn Institute for Employment Research.
- J. David Brown & John Earle, 2008. "Understanding the Contributions of Reallocation to Productivity Growth: Lessons from a Comparative Firm-Level Analysis," CERT Discussion Papers 0805, Centre for Economic Reform and Transformation, Heriot Watt University.
- E. Stockhammere & J. Michell, 2017.
"Pseudo-Goodwin cycles in a Minsky model,"
Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 41(1), pages 105-125.
- Engelbert Stockhammer & Jo Michell, 2014. "Pseudo-Goodwin cycles in a Minsky model," Working Papers PKWP1405, Post Keynesian Economics Society (PKES).
- Lennart Erixon, 2008. "The Swedish third way: an assessment of the performance and validity of the Rehn--Meidner model," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 32(3), pages 367-393, May.
- Levine, David I, 1992. "Can Wage Increases Pay for Themselves? Tests with a Production Function," Economic Journal, Royal Economic Society, vol. 102(414), pages 1102-1115, September.
- Bartelsman, Eric & Haltiwanger, John C. & Scarpetta, Stefano, 2004.
"Microeconomic Evidence of Creative Destruction in Industrial and Developing Countries,"
IZA Discussion Papers
1374, Institute of Labor Economics (IZA).
- Eric J. Bartelsman & John Haltiwanger & Stefano Scarpetta, 2004. "Microeconomic Evidence of Creative Destruction in Industrial and Developing Countries," Tinbergen Institute Discussion Papers 04-114/3, Tinbergen Institute.
- Bartelsman, Eric & Haltiwanger, John & Scarpetta1, Stefano, 2004. "Microeconomic evidence of creative destruction in industrial and developing countries," Policy Research Working Paper Series 3464, The World Bank.
- Peter Skott, 2015.
"Growth cycles with or without price flexibility,"
Review of Keynesian Economics, Edward Elgar Publishing, vol. 3(3), pages 374-386, July.
- Skott, Peter, 2015. "Growth Cycles with or without price flexibility," UMASS Amherst Economics Working Papers 2015-03, University of Massachusetts Amherst, Department of Economics.
- Nicholas Kaldor, 1970. "Some Fallacies in the Interpretation of Kaldor," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 37(1), pages 1-7.
- Daron Acemoglu, 2010.
"When Does Labor Scarcity Encourage Innovation?,"
Journal of Political Economy, University of Chicago Press, vol. 118(6), pages 1037-1078.
- Daron Acemoglu, 2009. "When Does Labor Scarcity Encourage Innovation?," NBER Working Papers 14809, National Bureau of Economic Research, Inc.
- Acemoglu, Daron, 2009. "When Does Labor Scarcity Encourage Innovation?," CEPR Discussion Papers 7247, C.E.P.R. Discussion Papers.
- Andreas Bergh, 2014. "Sweden and the Revival of the Capitalist Welfare State," Books, Edward Elgar Publishing, number 15717.
- Lennart Erixon, 2010.
"The Rehn-Meidner Model in Sweden: Its Rise, Challenges and Survival,"
Journal of Economic Issues, Taylor & Francis Journals, vol. 44(3), pages 677-715.
- Erixon, Lennart, 2008. "The Rehn-Meidner Model in Sweden: Its Rise, Challenges and Survival," Research Papers in Economics 2008:2, Stockholm University, Department of Economics.
- Rudiger von Arnim & Jose Barrales, 2015. "Demand-driven Goodwin cycles with Kaldorian and Kaleckian features," Review of Keynesian Economics, Edward Elgar Publishing, vol. 3(3), pages 351-373, July.
- Eckhard Hein, 2016.
"Secular stagnation or stagnation policy? Steindl after Summers,"
PSL Quarterly Review, Economia civile, vol. 69(276), pages 3-47.
- Eckhard Hein, 2015. "Secular Stagnation or Stagnation Policy? Steindl after Summers," Economics Working Paper Archive wp_846, Levy Economics Institute.
- Dutt, Amitava Krishna, 1984. "Stagnation, Income Distribution and Monopoly Power," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 8(1), pages 25-40, March.
- Gylfason, Thorvaldur & Holmström, Bengt & Korkman, Sixten & Söderström, Hans Tson & Vihriälä, Vesa, . "Nordics in Global Crisis. Vulnerability and resilience," ETLA B, The Research Institute of the Finnish Economy, number 242, June.
- Acemoglu, Daron, 2001. "Good Jobs versus Bad Jobs," Journal of Labor Economics, University of Chicago Press, vol. 19(1), pages 1-21, January.
- Annika Alexius & Erik Post, 2008.
"Exchange rates and asymmetric shocks in small open economies,"
Empirical Economics, Springer, vol. 35(3), pages 527-541, November.
- Alexius, Annika & Post, Erik, 2005. "Exchange Rates and Asymmetric Shocks in Small Open Economies," Working Paper Series 2005:10, Uppsala University, Department of Economics.
- Philip Arestis & Malcolm Sawyer (ed.), 2004. "Neo-Liberal Economic Policy," Books, Edward Elgar Publishing, number 3393.
- Pollin, Robert, 2012. "Back to Full Employment," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262017571, April.
- Giannangeli, Silvia & Gómez-Salvador, Ramón, 2008. "Evolution and sources of manufacturing productivity growth: evidence from a panel of European countries," Working Paper Series 914, European Central Bank.
- Lennart Erixo, 2004. "A 'third way' in economic policy: a reappraisal of the Rehn-Meidner model in the light of modern economics," Chapters, in: Philip Arestis & Malcolm Sawyer (ed.), Neo-Liberal Economic Policy, chapter 4, Edward Elgar Publishing.
- Nelson H. Barbosa‐Filho & Lance Taylor, 2006. "Distributive And Demand Cycles In The Us Economy—A Structuralist Goodwin Model," Metroeconomica, Wiley Blackwell, vol. 57(3), pages 389-411, July.
- Lundberg, Erik, 1985. "The Rise and Fall of the Swedish Model," Journal of Economic Literature, American Economic Association, vol. 23(1), pages 1-36, March.
- Lennart Erixon, 2016. "Is firm renewal stimulated by negative shocks? The status of negative driving forces in Schumpeterian and Darwinian economics," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 40(1), pages 93-121.
- Odd Aukrust, 1970. "Prim I: A Model Of The Price And Income Distribution Mechanism Of An Open Economy," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 16(1), pages 51-78, March.
- Storm, Servaas & Naastepad, C. W. M., 2012. "Macroeconomics Beyond the NAIRU," Economics Books, Harvard University Press, number 9780674062276, Spring.
- Michal Kalecki, 1971. "Class Struggle And The Distribution Of National Income," Kyklos, Wiley Blackwell, vol. 24(1), pages 1-9, February.
- Assar Lindbeck, 1993. "Unemployment and Macroeconomics," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262121751, April.
- Skott, Peter, 1989. "Effective Demand, Class Struggle and Cyclical Growth," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 30(1), pages 231-247, February.
- Marc Lavoie & Eckhard Hein, 2015. "Going from a low to a high employment equilibrium," IMK Working Paper 144-2015, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Robert A. Blecker, 2016.
"Wage-led versus profit-led demand regimes: the long and the short of it,"
Review of Keynesian Economics, Edward Elgar Publishing, vol. 4(4), pages 373-390, October.
- Robert A. Blecker, 2015. "Wage-led Versus Profit-led Demand Regimes: The Long and Short of It," Working Papers 2015-05, American University, Department of Economics.
- Rada, Codrina & Tavani, Daniele & von Arnim, Rudiger & Zamparelli, Luca, 2023.
"Classical and Keynesian models of inequality and stagnation,"
Journal of Economic Behavior & Organization, Elsevier, vol. 211(C), pages 442-461.
- Codrina Rada & Daniele Tavani & Rudiger von Arnim & Luca Zamparelli, 2022. "Classical and Keynesian Models of Inequality and Stagnation," Working Papers PKWP2225, Post Keynesian Economics Society (PKES).
- Cordina Rada & Daniele Tavani & Rudiger von Arnim & Luca Zamparelli, 2022. "Classical and Keynesian models of inequality and stagnation," FMM Working Paper 83-2022, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
- Codrina Rada, Marcio Santetti, Ansel Schiavone, Rudiger von Arnim, 2021. "Post-Keynesian vignettes on secular stagnation:From labor suppression to natural growth," Working Paper Series, Department of Economics, University of Utah 2021_05, University of Utah, Department of Economics.
- Codrina Rada & Ansel Schiavone & Rudiger von Arnim, 2022. "Goodwin, Baumol & Lewis: How structural change can lead to inequality and stagnation," Metroeconomica, Wiley Blackwell, vol. 73(4), pages 1070-1093, November.
- Eckhard Hein, 2017.
"Post-Keynesian macroeconomics since the mid 1990s: main developments,"
European Journal of Economics and Economic Policies: Intervention, Edward Elgar Publishing, vol. 14(2), pages 131-172, September.
- Hein, Eckhard, 2016. "Post-Keynesian macroeconomics since the mid-1990s: Main developments," IPE Working Papers 75/2016, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
- Eckhard Hein, 2017. "Post-Keynesian macroeconomics since the mid-1990s - main developments," FMM Working Paper 01-2017, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
- Araujo, Ricardo Azevedo & Dávila-Fernández, Marwil J. & Moreira, Helmar Nunes, 2019.
"Some new insights on the empirics of Goodwin's growth-cycle model,"
Structural Change and Economic Dynamics, Elsevier, vol. 51(C), pages 42-54.
- Ricardo A. Araújo & Marwil J. Dávila-Fernández, 2018. "Some new insights on the empirics of Goodwin’s growth-cycle model," Department of Economics University of Siena 790, Department of Economics, University of Siena.
- Stamegna, Marco, 2022. "A Kaleckian growth model of secular stagnation with induced innovation," MPRA Paper 113794, University Library of Munich, Germany.
- Jose Barrales‐Ruiz & Ivan Mendieta‐Muñoz & Codrina Rada & Daniele Tavani & Rudiger von Arnim, 2022.
"The distributive cycle: Evidence and current debates,"
Journal of Economic Surveys, Wiley Blackwell, vol. 36(2), pages 468-503, April.
- Jose Barrales-Ruiz, Ivan Mendieta-Muñoz, Codrina Rada, Daniele Tavani, Rudiger von Arnim, 2021. "The distributive cycle: Evidence and current debates," Working Paper Series, Department of Economics, University of Utah 2021-01, University of Utah, Department of Economics.
- Guilherme Klein Martins & Fernando Rugitsky, 2021. "The Long Expansion and the Profit Squeeze: Output and Profit Cycles in Brazil (1996–2016)," Review of Radical Political Economics, Union for Radical Political Economics, vol. 53(3), pages 373-397, September.
- Santetti, Marcio & Nikiforos, Michalis & von Arnim, Rudiger, 2024. "Growth, cycles, and residential investment," Structural Change and Economic Dynamics, Elsevier, vol. 69(C), pages 313-327.
- Lennart Erixon & Louise Johannesson, 2015. "Is the psychology of high profits detrimental to industrial renewal? Experimental evidence for the theory of transformation pressure," Journal of Evolutionary Economics, Springer, vol. 25(2), pages 475-511, April.
- Daniele Tavani, 2023. "The Classical Model of Growth and Distribution," Working Papers 2311, New School for Social Research, Department of Economics.
- Skott, Peter, 2023. "Endogenous business cycles and economic policy," Journal of Economic Behavior & Organization, Elsevier, vol. 210(C), pages 61-82.
- Rudiger von Arnim & Jose Barrales, 2015. "Demand-driven Goodwin cycles with Kaldorian and Kaleckian features," Review of Keynesian Economics, Edward Elgar Publishing, vol. 3(3), pages 351-373, July.
- Codrina Rada, Ansel Schiavone, Rudiger von Arnim, 2021. "Goodwin, Baumol & Lewis: How structural change can lead to inequality and stagnation," Working Paper Series, Department of Economics, University of Utah 2021_04, University of Utah, Department of Economics.
- Barrales-Ruiz, Jose & Arnim, Rudiger von, 2021. "Endogenous fluctuations in demand and distribution: An empirical investigation," Structural Change and Economic Dynamics, Elsevier, vol. 58(C), pages 204-220.
- Laura Carvalho & Armon Rezai, 2016.
"Personal income inequality and aggregate demand,"
Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 40(2), pages 491-505.
- Laura Carvalho & Armon Rezai, 2014. "Personal Income Inequality and Aggregate Demand," Working Papers, Department of Economics 2014_23, University of São Paulo (FEA-USP).
- Mariolis Theodore & Konstantakis Konstantinos N. & Michaelides Panayotis G. & Tsionas Efthymios G., 2019.
"A non-linear Keynesian Goodwin-type endogenous model of the cycle: Bayesian evidence for the USA,"
Studies in Nonlinear Dynamics & Econometrics, De Gruyter, vol. 23(1), pages 1-16, February.
- Mariolis, Theodore & Konstantakis, Konstantinos N. & Michaelides, Panayotis G. & Tsionas, Efthymios G., 2019. "A non-linear Keynesian Goodwin-type endogenous model of the cycle: Bayesian evidence for the USA," LSE Research Online Documents on Economics 100229, London School of Economics and Political Science, LSE Library.
- Christian Schoder, 2012. "Instability, stationary utilization and effective demand: A synthesis of Harrodian and Kaleckian growth theory," IMK Working Paper 104-2012, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
- Nishi, Hiroshi & Stockhammer, Engelbert, 2020. "Distribution shocks in a Kaleckian model with hysteresis and monetary policy," Economic Modelling, Elsevier, vol. 90(C), pages 465-479.
More about this item
Keywords
Rehn-Meidner model; labor market policy; wage policy of solidarity; structural change; productivity growth; inflation;All these keywords.
JEL classification:
- E11 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Marxian; Sraffian; Kaleckian
- E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory
- E23 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Production
- E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
- E25 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Aggregate Factor Income Distribution
- E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
- F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
NEP fields
This paper has been announced in the following NEP Reports:- NEP-HPE-2016-10-09 (History and Philosophy of Economics)
- NEP-LAB-2016-10-09 (Labour Economics)
- NEP-MAC-2016-10-09 (Macroeconomics)
- NEP-PKE-2016-10-09 (Post Keynesian Economics)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hhs:sunrpe:2016_0003. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Anne Jensen (email available below). General contact details of provider: https://edirc.repec.org/data/neisuse.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.