The Role and the Extent of Influence of Theory on the Formation of the Labor Market

Zhivka Ustapetkova ()
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Zhivka Ustapetkova: University of Veliko Turnovo "St. Cyril and St. Methodius"

Economy and Economic Theory: Problems and Interactions, Conference Proceedings 2017, 2017, issue 1, 206-215

Abstract: The paper discusses the discourses on and the different concepts of the labor market. The theory and the politics of the labor market are being characterized in relation to the neo-classical school and the institutionalism. The conclusions and evaluations arrived at are the result of the juxtaposition of the two theories.

Keywords: labor market; neoclassical theory; institutionalism; wages and employment; labor demand and supply; marginal approach (search for similar items in EconPapers)
JEL-codes: A00 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:vra:pr1712:y:2017:i:1:p:206-215

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