Real Wages

David Goalstone

Chapter 9 in Macrofoundations of Political Economy and Development, 2007, pp 79-85 from Palgrave Macmillan

Abstract: Abstract In orthodox economics great emphasis is placed on identifying equilibrium labor market conditions under perfect competition. The simplest model requires only a neo-Classical X—a downward sloping demand curve crossing an upward-sloping supply curve.

Keywords: Productive Capacity; Real Wage; Relevant Range; Full Utilization; Breakeven Point (search for similar items in EconPapers)
Date: 2007
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-60431-5_9

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230604315

DOI: 10.1057/9780230604315_9

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().