Permalink : http://hdl.handle.net/2115/43258

KEYWORDS : multiple labor economy;a Pasinettian labor economic system;skilled and unskilled labor;full-employment;effective demand

The increasing inequality in the industrial economies has emerged as one of the most notable issues in the world economy, because it is based on split labor markets which have emerged in every industrial country. Economist must leave the traditional assumption that labor markets are constituted with labors with non-discriminatory quality or substitutable qualities. This study is the primary step to analyze the features of multiple-labor-markets depending upon a Pasinettian system, and draws conditions of macroeconomic equilibrium which teach us needs for extension of the Pasinetti Theorem.