The Wage Curve in Austrian Models

Christian Bidard

No 2014-54, EconomiX Working Papers from University of Paris Nanterre, EconomiX

Abstract: We fully characterise, in terms of their local or global properties, the wage curves associated with Austrian models of production. When these properties are met, the degrees of freedom in the choice of parameters allow us to build an Austrian model which admits a given wage curve and satis es other requirements.

Keywords: Austrian model; long run; trade-o¤property; wage curve. (search for similar items in EconPapers)
JEL-codes: B53 D24 D33 (search for similar items in EconPapers)
Pages: 16 pages
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:drm:wpaper:2014-55

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