Labor or Service Market

Vinzenz von Holle ()

Chapter Chapter 5 in New Economic Theory, 2024, pp 67-86 from Springer

Abstract: Abstract The labor market is a key market in the economy, not only because it trades the most important factor of production, namely human labor. Even more important is its function as a link between the factors and cycles of money, labor, and production. Thus, it forms the key link between the economy and society, the key link between people and the economy. This socio-economic significance makes the labor market also an important “adjustment screw” and an important field of research in both economics and sociology. It is more dependent on human behavior than other markets and at the same time has sensitive and direct effects on people themselves and also on the economy.

Date: 2024
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:spr:sprchp:978-3-658-45136-3_5

Ordering information: This item can be ordered from
http://www.springer.com/9783658451363

DOI: 10.1007/978-3-658-45136-3_5

Access Statistics for this chapter

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