Efficiency Wage Models of the Labor Market


Ebook Efficiency Wage Models of the Labor Market by George A. Akerlof Book Title: Efficiency Wage Models of the Labor Market
The size of the: 2 MB
Edition: Otava
Date of issue: 2012
ISBN: No data
ISBN 13: No data
The author of the book:George A. Akerlof
Language: English
Format files: PDF

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One of the more troubling aspects of the ferment in macroeconomics that followed the demise of the Keynesian dominance in the late 1960s has been the inability of many of the new ideas to account for unemployment remains unexplained because equilibrium in most economic models occurs with supply equal to demand: if this equality holds in the labor market, there is no involu

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