Labor Supply¶
Blundell, & Macurdy. (1999). Labor Supply: A Review of Alternative Approaches. Handbook of Labor Economics.
Cited by¶
1 citation across 1 artifact.
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Domain-specific¶
- Supply
- the movement-along-versus-shift-of channel test, and the comparative-statics of perturbing position and slope to find the new market-clearing intersection with demand. Production and cost theory — the upward slope is read back to rising marginal cost against fixed capacity in the short run, and to returns to scale and input-price behaviour in the long run. Labor markets — workers' supply of hours rises with the wage, decomposable into the same channels (the labor-supply curve).
This sourceThe labour-supply schedule of hours against the wage and its decomposition into the same substitution channels.
- the movement-along-versus-shift-of channel test, and the comparative-statics of perturbing position and slope to find the new market-clearing intersection with demand. Production and cost theory — the upward slope is read back to rising marginal cost against fixed capacity in the short run, and to returns to scale and input-price behaviour in the long run. Labor markets — workers' supply of hours rises with the wage, decomposable into the same channels (the labor-supply curve).
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