203 5 8 ( )
7 (GT p222) (GT p223) (Ranchetti 200)
7 7 (Kurz 200, pp99-20) 7 7 2 2
2 7 7 p f p s + r (p f : p s : r: ) * (GT p223) 7 2 c q l( ) q c + l (GT p226) ( ) a a + q c + l (GT p227) * p s + r p s p f p f 0 3
(GT p228-23) 7 3 4
3. (advantage) (Ranchetti 200, pp322-323; SP I00, pp9,0) 2. 00 (Ranchetti 200, p.323; SP I00, pp9,) 3. 2 (Ranchetti 200, p323; SP I00, p0) 3 (Ranchetti 200, p323) ( ) 5% 5
5% ( ) ( ) (Ranchetti 200, pp323-324; SP I00, p) (SP I00, pp7,8(back)) 228 the rate of interest 227 2 (222-3 ) 6
(Kurz 200, p99) 2 229 3 a a 2 (GT p23) 228 7
4 (advantage) p s > p f p f p s + r > r () (GT p223 ) () a p f p s + r + a = r 8
a = p f /p s r = r r > r r < r 223 226-7 q c + l q c + l + a l = 0 q c, q c + a q c + a = r ( ) pf q c + = r (2) p s ( ) pf q c + r p s 9
p f /p s < 0 (2) q c + (p f /p s ) > r q c + (p f /p s ) = r q c = p f /p s + r 226 223 q c q c + a r q c = p f /p s + r p f /p s + r 7 p f /p s + r 0
(advantage)
5 2 2 226-7!! [ ](SP I00, p9) 227-8 (advantage) [ (arbitrage-)] (advantage) ( (directly related to)) (SP I00 p0) 2
7 OK ( ) (SP I00, p6) (2) () (ibid.) 2 ( ) ( ) 3
2 (932) the highest rate rules the roost 223 336 (223 ) ( 236 ) (236 ) 224 (SP I00, p8) 4
223 236 223 ( ) 23 4-2 5
q c + p f /p s < r 223 p f /p s + r r p f p s p f p s ( p f > p s )q c + p f /p s < r 223 236 p f /p s q c q c r q c + p f /p s = r q c + a r 6
6 q c 2 (GT p228) 7
Sraffa's equilibrium q -c () arbitrage (2) Production adjustment l 3 -a l 3 l 3 q -c 2 2 q -c +a a 2 q 2 -c 2 +a 2 q -c q 2 -c 2 Keynes' equilibrium Production adjustment a q -c q -c +a q -c 2 2 -a 2 q 2 -c 2 +a 2 l 3 a q -c q -c +a q 2-c2 -a 2 q 2 -c 2 +a 2 l 3 8
(GT p229) p f p s q c p f p s ( ) D Q t r T D = Q t ( + r) t t= (GT p37) S S = T Q t ( + m) t t= m (GT p35) 9
228 ( ) (the rate of interest) ( ) (GT p228) the rate of interest 228 (the rate of interest)(222-3 ) the rate of interest D > S m > r 20
( ) ( ) a + q a 2 c 2 l 3 l 3 q c 2 a a 2 (GT I00, p228) 23 a a 2 (GT p23) 228 2
(Kurz 200, p99) q c a 23 228 22
7 (Kaldor 960) rules the roost q c r a a (Kaldor 960, pp.62,69) a (ibid., pp.69-70) a ( ) (ibid., p.70) 23
228 a (ibid., p.73) 2 a 24
l () 裁定 l (2) 生産調整 l 3 -a a 2 l 3 l 3 q -c 2 2 a + l q -c 2 2 2 a + 2 c - 2 q l 2 c - 2 q 金 金 金 2 25
8 (Barens and Caspari 997) (Barens and Caspari 997, pp.290-29) (ibid.) ( ) (ibid.) ( ) (ibid., pp.29-292) 26
(GT, p.35) Q t r m D S D = Qe rt, S = Qe mt p 0 t p t p 0 = D, p t = S p t = p 0 e (r m)t p t = r m p t p t /p t a q c + a = r a = r m q c = m (Barens and Caspari 997, p.295) q c (ibid., p.29) 27
m = q c a = r m q c + a = r q c + a = r m m = q c 28
D = Qe rt, S = Qe mt p 0, p t S = p 0 m = q c + a m = r D = S e rt = e mt m = r m = r D = S m > r(d > S) ( ) ( ) (GT, p.228) q c > r p 0 > p t 29
9 (Lawlor 996, 2006) (shifting equilibrium) (stationary equilibrium) a (Lawlor 996, p.6) 2 (ibid., p.67) [ ] 30
( ) (ibid., p.68) ( a) 2 ( ) (ibid., p.60) 2 2 3
q c + a + l (ibid., p.70) q c + a + l = r q c + a + l = r a (Conard 959) 32
q c + a = r a q c + a r q c r q c + a = r q c > r q c r q c + a = r ( ) a D S m r 33
0 937 the highest rate rules the roost 932 ( ) (Sraffa 932a, p5) (Sraffa 932b, p25) 34
35
(Ranchetti 200, p327) ( 993, p7) (GT p203) 7 36