Efficiency Wage Models of the Labor Market (English, George A. Akerlof | Janet L. Yellen | Akerlof)
by George A. Akerlof | Janet L. Yellen | Akerlof
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Book Details
Publisher
Cambridge University Press
Language
English
ISBN-13
9780521312844
ISBN-10
0521312841
Author
George A. Akerlof | Janet L. Yellen | Akerlof
About the Book
One of the more troubling aspects of the ferment in macroeconomics that followed the demise of the Keynesian dominance in the late 1960s has been the inability of many of the new ideas to account for unemployment remains unexplained because equilibrium in most economic models occurs with supply equal to demand: if this equality holds in the labor market, there is no involuntary unemployment. Efficiency Wage Models of the Labor Market explores the…
ISBN: 9780521312844
ISBN-13: 9780521312844
ISBN-10: 0521312841
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Product ID: isbn-9780521312844
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