<?xml version="1.0" encoding="ISO-8859-1"?><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<front>
<journal-meta>
<journal-id>2448-718X</journal-id>
<journal-title><![CDATA[El trimestre económico]]></journal-title>
<abbrev-journal-title><![CDATA[El trimestre econ]]></abbrev-journal-title>
<issn>2448-718X</issn>
<publisher>
<publisher-name><![CDATA[Fondo de Cultura Económica]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S2448-718X2020000200527</article-id>
<article-id pub-id-type="doi">10.20430/ete.v87i346.1076</article-id>
<title-group>
<article-title xml:lang="es"><![CDATA[Salario nominal y salario real]]></article-title>
<article-title xml:lang="en"><![CDATA[Money and real wages]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Kalecki]]></surname>
<given-names><![CDATA[Micha&#322;]]></given-names>
</name>
</contrib>
</contrib-group>
<aff id="A">
<institution><![CDATA[,  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>06</month>
<year>2020</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>06</month>
<year>2020</year>
</pub-date>
<volume>87</volume>
<numero>346</numero>
<fpage>527</fpage>
<lpage>541</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_arttext&amp;pid=S2448-718X2020000200527&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_abstract&amp;pid=S2448-718X2020000200527&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_pdf&amp;pid=S2448-718X2020000200527&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen Este ensayo explica la teoría keynesiana de los salarios y la pone a prueba. Utiliza como ejemplo una economía de libre competencia hipotética para analizar las consecuencias de un aumento o una reducción de salario en la producción y el empleo. Se parte del supuesto de que los trabajadores manuales y los empleados a sueldo no ahorran, por lo que su sueldo equivale al ingreso de los capitalistas. De esta manera, se encuentra que un aumento salarial tiene efectos en la distribución del ingreso: tiende a reducir el grado de monopolio y, en consecuencia, produce un aumento de los salarios reales.]]></p></abstract>
<abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract This essay explains the Keynesian theory of wages and tests it. As an example, it lays out a hypothetic free competition economy in order to analyze the consequences of a rise of a cut of wages in production and employment. The article is based on the assumption that paid employees don&#8217;t save their income, so their wages equal the income of the capitalists. So it finds that a salary award can have effects on the income distribution: it tends to reduce the monopoly degree, and it produces a rise on real wages.]]></p></abstract>
<kwd-group>
<kwd lng="en"><![CDATA[Wages and salaries]]></kwd>
<kwd lng="en"><![CDATA[Keynesian theory of wages]]></kwd>
<kwd lng="en"><![CDATA[income distribution]]></kwd>
<kwd lng="en"><![CDATA[capitalists&#8217; consumption]]></kwd>
<kwd lng="en"><![CDATA[consumer goods]]></kwd>
<kwd lng="es"><![CDATA[sueldos y salarios]]></kwd>
<kwd lng="es"><![CDATA[teoría keynesiana de salarios]]></kwd>
<kwd lng="es"><![CDATA[distribución del ingreso]]></kwd>
<kwd lng="es"><![CDATA[consumo de los capitalistas]]></kwd>
<kwd lng="es"><![CDATA[bienes de consumo]]></kwd>
</kwd-group>
</article-meta>
</front><back>
<ref-list>
<ref id="B1">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Kalecki]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Essai d&#8217;une théorie du mouvement cyclique des affaires]]></article-title>
<source><![CDATA[Revue d&#8217;Économie Politique]]></source>
<year>1935</year>
<volume>49</volume>
<numero>2</numero>
<issue>2</issue>
<page-range>285-305</page-range></nlm-citation>
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<ref id="B2">
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<article-title xml:lang=""><![CDATA[The determinants of distribution of the national income]]></article-title>
<source><![CDATA[Econometrica]]></source>
<year>1938</year>
<volume>6</volume>
<numero>2</numero>
<issue>2</issue>
<page-range>97-112</page-range></nlm-citation>
</ref>
<ref id="B3">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
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</name>
</person-group>
<article-title xml:lang=""><![CDATA[The lesson of the Blum Experiment]]></article-title>
<source><![CDATA[The Economic Journal]]></source>
<year>1938</year>
<volume>48</volume>
<numero>189</numero>
<issue>189</issue>
<page-range>26-41</page-range></nlm-citation>
</ref>
<ref id="B4">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
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<surname><![CDATA[Kalecki]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
</person-group>
<source><![CDATA[Essays in the Theory of Economic Fluctuations]]></source>
<year>1939</year>
<publisher-loc><![CDATA[Londres ]]></publisher-loc>
<publisher-name><![CDATA[Allen &amp; Unwin]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B5">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
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<given-names><![CDATA[S.]]></given-names>
</name>
</person-group>
<source><![CDATA[National Income and Capital Formation: 1919-1935]]></source>
<year>1937</year>
<publisher-loc><![CDATA[Cambridge, Mass. ]]></publisher-loc>
<publisher-name><![CDATA[NBER]]></publisher-name>
</nlm-citation>
</ref>
</ref-list>
</back>
</article>
