A demand for labour curve

Christian Bidard

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Abstract: In spite of the many critiques they have inspired in the Sraffian literature, the marginal equalities do hold in a long-run competitive differentiable model. We use that property to build a demand for labour curve, as a function of the real wage, in a self-reproducing economy with given amounts of capital goods. That curve is not necessarily decreasing with the level of the real wage.

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Date: 2017
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Published in Metroeconomica, 2017, 68, pp.593-603

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-01609807

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