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The Real Cost of Labor, and the Choice Between Consumption and Investment

I. M. D. Little

The Quarterly Journal of Economics, 1961, vol. 75, issue 1, 1-15

Abstract: Introduction, 1. — I. A simple model, 2. — II. A more complicated model, 9. — III. Significance of the assumptions of a closed economy and perfect competition, 14.

Date: 1961
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The Quarterly Journal of Economics is currently edited by Robert J. Barro, Lawrence F. Katz, Nathan Nunn, Andrei Shleifer and Stefanie Stantcheva

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