An Inquiry into the Same-Movement Pattern in Two Cases of Labor Supply

Fujio Takata ()
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Fujio Takata: Graduate School of Economics, Kobe University

No 1904, Discussion Papers from Graduate School of Economics, Kobe University

Abstract: Let us consider movement patterns in an economy based on a Ramsey type model, as do many papers in the R.B.C. school. We focus on how labor supply is determined and on how this determination affects the movement patterns. We discuss two kinds of labor supply, namely, an intensive arrangement and an extensive one. We conclude that the labor supply in both arrangements is similar from the viewpoint of a macro economy. This leads us to conjecture that the two forms of labor supply do not affect the movement pattern.

Keywords: Divisible labor; Indivisible labor; Movement patterns (search for similar items in EconPapers)
JEL-codes: E20 E24 E32 (search for similar items in EconPapers)
Pages: 12 pages
Date: 2019-02
New Economics Papers: this item is included in nep-dge and nep-mac
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