Consumer Demand and Labor Supply PDF Download
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Author: William A. Barnett
Publisher: North-Holland
ISBN:
Category : Business & Economics
Languages : en
Pages : 404
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Book Description
Author: William A. Barnett
Publisher: North-Holland
ISBN:
Category : Business & Economics
Languages : en
Pages : 404
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Book Description
Author: Arthur S. De Vany
Publisher:
ISBN:
Category : Consumers
Languages : en
Pages : 288
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Book Description
The purpose of the study is to develop and test a modification of the standard theory of consumer demand that yields implications concerning the consumer's allocation of time to consumption and income producing activities. Unlike the demand for leisure model, the theory does not treat leisure as a good or work as a bad. The consumer's time does not enter his utility function, only the quantities of goods consumed do. The consumer's time enters his budget constraint only. At a sufficiently high level of income, time may also become an additional constraint independent of the budget constraint. The principal hypothesis of the theory is that each good has a money price and a foregone earnings cost. (Author).
Author: Melanie Lührmann
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
This paper introduces a new argument into the theoretical literature on labor market effects of changes in working hours and labor force participation. We advance a general equilibrium model in which increased labor supply reduces unskilled unemployment via consumer demand: longer work hours and higher labor force participation imply higher incomes and less (leisure) time. In consequence, home production is reduced in favor of outsourcing domestic tasks to the market, shifting consumer demand toward unskill-intensive goods. Relative demand for unskilled labor rises and unemployment falls. Finally, we provide empirical support for the basic mechanisms of our model for Germany.
Author: Daniel S. Hamermesh
Publisher: Oxford University Press
ISBN: 019250889X
Category : Business & Economics
Languages : en
Pages : 464
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Book Description
The book collects articles published by Daniel Hamermesh between 1969 and 2013 dealing with the general topic of the demand for labor. The first section presents empirical studies of basic issues in labor demand, including the extent to which different types of labor are substitutes, how firms' and workers' investments affect labor turnover, and how costs of adjusting employment affect the dynamics of employment and patterns of labor turnover. The second section examines the impacts of various labor-market policies, including minimum wages, penalty pay for using overtime hours or hours worked on weekends or nights, severance pay for displaced workers, and payroll taxes to finance unemployment insurance benefits. The final section deals with general questions of discrimination by employers along various dimensions, including looks, gender and ethnicity, in all cases focusing on the process of discrimination and the behavior that results. Throughout the focus is on the development of theoretically-based hypotheses and testing them using the most appropriate data, often data collected uniquely for the particular project.
Author: George A. Akerlof
Publisher: Cambridge University Press
ISBN: 9780521312844
Category : Business & Economics
Languages : en
Pages : 196
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Book Description
The contributors explore the reasons why involuntary unemployment happens when supply equals demand.
Author: Laurence D. Booth
Publisher:
ISBN:
Category : Labor supply
Languages : en
Pages : 46
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Book Description
Author: Robert E. Prasch
Publisher: Edward Elgar Publishing
ISBN: 1848443978
Category : Business & Economics
Languages : en
Pages : 185
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Book Description
How Markets Work presents a new and refreshing introduction to elementary economics. The venerable theory of supply and demand is reconstituted upon plausible and defensible assumptions concerning human nature, the law, and the facts of everyday life in short the Real World . The message is that markets differ in ways that matter. Starting with a brief survey of property and contract law, the lectures develop several ideal types of markets such as credit, assets, and labor while illuminating the similarities and differences among them. Care has been taken to ensure that the reformulations presented are accessible to students and compatible with a variety of non-mainstream traditions in economic thought. Topics covered include the theory of markets, labor markets, market processes when influenced by the availability of information, and social, ethical and political considerations. Also discussed are commodity, credit and asset markets, contracts, dynamics of labor markets, and the economics of discrimination. This book is intended as an essential supplemental text for undergraduate economics students, particularly in heterodox programs, as well as for those in companion liberal arts and sociology fields looking for an accessible introduction to essential economic theory.
Author: Orley Ashenfelter
Publisher: Elsevier
ISBN: 9780444501899
Category : Business & Economics
Languages : en
Pages : 800
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Book Description
A guide to the continually evolving field of labour economics.
Author: Nestor E. Terleckyj
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 696
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Book Description
Author: Angus Deaton
Publisher: Cambridge University Press
ISBN: 9780521296762
Category : Business & Economics
Languages : en
Pages : 468
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Book Description
For advanced courses in economic analysis, this book presents the economic theory of consumer behavior, focusing on the applications of the theory to welfare economies and econometric analysis.
