Keynesian Controversies on Wages
回顾了凯恩斯在《通论》中提出的两个工资假说,以及约翰·邓洛普、洛里·塔希斯和亨利·理查森在1930年代末的实证回应,并概述了后续关于实际工资周期性和货币工资刚性的文献。
In The General Theory, Keynes advanced two hypotheses about movements in wages and urged their empirical investigation. John Dunlop, Lorie Tarshis and Henry Richardson responded to this call with articles published in the Economic Journal in the late 1930s. In turn, Keynes replied to their findings. This exchange is described and the subsequent literature on the cyclical movement of real wages and the rigidity of money wages is outlined.