rent seeking;
post-Keynesian economics;
macroeconomics;
human capital;
EMPLOYMENT;
D O I:
10.1177/0486613417717047
中图分类号:
F [经济];
学科分类号:
02 ;
摘要:
Rent seeking has once again become an important topic in economics. However, rent seeking poses challenges that standard economic theory is not well equipped to handle. This paper develops a working definition of rent seeking that can be applied to post-Keynesian growth models. The main finding is that, in a post-Keynesian framework, rent seeking will have an effect on income distribution and average productivity. In addition, increases in rent seeking can have undesirable effects on the distribution of talent.