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- Rehn–Meidner_model abstract "The Rehn–Meidner model is an economic model developed in 1951 by two economists of the research and development department of the Swedish Trade Union Confederation (LO), Gösta Rehn and Rudolf Meidner. The model is based upon an interaction between Keynesian fiscal economics, real wage growth, active labour market policies and state intervention. The purpose was to create a positive spiral as part of the business cycle, in accordance with Keynesian theory, as the creation of an expansive welfare state and public investment meant to maintain domestic demand over economic cycles ensured security, safety and stability to labour, capital, business and consumers. This, in turn, helped to ensure low inflation, by helping to prevent wage-price spirals and thereby strengthened trade unions in demanding rising real wages in line with productivity growth, which, combined with the effects of the welfare state and social programs, led to increased purchasing power and consumer confidence, resulting in rising general demand and an upwards, self-maintaining cycle which led to high growth rates and full employment, fueled by progressive taxation and redistribution of wealth, as that further increased spending power and ensured equality of incomes. The four main goals to be achieved were: Low inflation Full employment High growth Income equalityUnprofitable enterprises in the market were to be pushed toward what was known as the solidarity wage policy, with rising real wages in line with productivity growth, forcing them to improve their productive capacity in order to improve profitability, through measures such as structural adjustment as well as robotisation and automation of production, and through more indirect means such as improved working conditions meant to decrease rates of sick-leave and increase productivity. All of this freed labour resources, who were then mobilized in high-productive corporations, by means of active labour market policies, as they benefited from the labour costs comparatively favourable to them and were expanding production as general demand rose when real wages, and thereby purchasing power, increased. This led to soaring profits which were re-invested in improving the productive capacity of those corporations, partly to increase profitability, partly to meet the rising demand, partly because tax incentives favoured long-term investments in e.g. research and development, rather than in capital gains and dividends, and partly in order for these corporations not to become unproductive and thereby risk bankruptcy, ensuring high productivity growth and rising real wages, and thereby full employment and an equal distribution of incomes, whilst inflationary pressures were prevented through an incomes policy of national wage arbitration and central collective bargaining between labour unions, industrial representatives and governments, ensuring real wages did not exceed productivity growth through improving other forms of compensation, such as social benefits, working conditions, working hours and employment security.".
- Rehn–Meidner_model wikiPageID "19756053".
- Rehn–Meidner_model wikiPageLength "5248".
- Rehn–Meidner_model wikiPageOutDegree "33".
- Rehn–Meidner_model wikiPageRevisionID "655017816".
- Rehn–Meidner_model wikiPageWikiLink Active_labour_market_policies.
- Rehn–Meidner_model wikiPageWikiLink Bretton_Woods_system.
- Rehn–Meidner_model wikiPageWikiLink Capital_(economics).
- Rehn–Meidner_model wikiPageWikiLink Capital_control.
- Rehn–Meidner_model wikiPageWikiLink Capital_controls.
- Rehn–Meidner_model wikiPageWikiLink Capital_flight.
- Rehn–Meidner_model wikiPageWikiLink Capital_flows.
- Rehn–Meidner_model wikiPageWikiLink Capital_gain.
- Rehn–Meidner_model wikiPageWikiLink Capital_gains.
- Rehn–Meidner_model wikiPageWikiLink Category:Economic_history_of_Sweden.
- Rehn–Meidner_model wikiPageWikiLink Category:Employment.
- Rehn–Meidner_model wikiPageWikiLink Category:Macroeconomics.
- Rehn–Meidner_model wikiPageWikiLink Currencies.
- Rehn–Meidner_model wikiPageWikiLink Currency.
- Rehn–Meidner_model wikiPageWikiLink Deindustrialization.
- Rehn–Meidner_model wikiPageWikiLink Dividend.
- Rehn–Meidner_model wikiPageWikiLink Dividends.
- Rehn–Meidner_model wikiPageWikiLink Economic_growth.
- Rehn–Meidner_model wikiPageWikiLink Economic_inequality.
- Rehn–Meidner_model wikiPageWikiLink Employment.
- Rehn–Meidner_model wikiPageWikiLink Exchange_rate.
- Rehn–Meidner_model wikiPageWikiLink Golden_Age_of_Capitalism.
- Rehn–Meidner_model wikiPageWikiLink Gösta_Rehn.
- Rehn–Meidner_model wikiPageWikiLink Incomes_policy.
- Rehn–Meidner_model wikiPageWikiLink Inflation.
- Rehn–Meidner_model wikiPageWikiLink Interventionism_(politics).
- Rehn–Meidner_model wikiPageWikiLink Keynesian_economics.
- Rehn–Meidner_model wikiPageWikiLink Keynesian_theory.
- Rehn–Meidner_model wikiPageWikiLink Post–World_War_II_economic_expansion.
- Rehn–Meidner_model wikiPageWikiLink wage_spiral.
- Rehn–Meidner_model wikiPageWikiLink Progressive_tax.
- Rehn–Meidner_model wikiPageWikiLink Progressive_taxation.
- Rehn–Meidner_model wikiPageWikiLink Robotisation.
- Rehn–Meidner_model wikiPageWikiLink Rudolf_Meidner.
- Rehn–Meidner_model wikiPageWikiLink Solidarity_wage_policy.
- Rehn–Meidner_model wikiPageWikiLink Speculative_attack.
- Rehn–Meidner_model wikiPageWikiLink Speculative_attacks.
- Rehn–Meidner_model wikiPageWikiLink State_intervention.
- Rehn–Meidner_model wikiPageWikiLink Structural_adjustment.
- Rehn–Meidner_model wikiPageWikiLink Swedish_Trade_Union_Confederation.
- Rehn–Meidner_model wikiPageWikiLink Tax_evasion.
- Rehn–Meidner_model wikiPageWikiLink Wage-price_spiral.
- Rehn–Meidner_model wikiPageWikiLinkText "Rehn–Meidner model".
- Rehn–Meidner_model hasPhotoCollection Rehn–Meidner_model.
- Rehn–Meidner_model wikiPageUsesTemplate Template:Reflist.
- Rehn–Meidner_model wikiPageUsesTemplate Template:Sweden_topics.
- Rehn–Meidner_model subject Category:Economic_history_of_Sweden.
- Rehn–Meidner_model subject Category:Employment.
- Rehn–Meidner_model subject Category:Macroeconomics.
- Rehn–Meidner_model comment "The Rehn–Meidner model is an economic model developed in 1951 by two economists of the research and development department of the Swedish Trade Union Confederation (LO), Gösta Rehn and Rudolf Meidner. The model is based upon an interaction between Keynesian fiscal economics, real wage growth, active labour market policies and state intervention.".
- Rehn–Meidner_model label "Rehn–Meidner model".
- Rehn–Meidner_model sameAs Rehn-Meidner-Modell.
- Rehn–Meidner_model sameAs m.04q26cw.
- Rehn–Meidner_model sameAs Rehn-Meidner-modellen.
- Rehn–Meidner_model sameAs Q2139011.
- Rehn–Meidner_model sameAs Q2139011.
- Rehn–Meidner_model wasDerivedFrom Rehn–Meidner_model?oldid=655017816.
- Rehn–Meidner_model isPrimaryTopicOf Rehn–Meidner_model.