The Theory of Wages in Classical Economics: A Study of Adam Smith, David RicardoDonoghue, Mark
The theory of wages in classical economics: a study of Adam Smith, David Ricardo and their contemporaries This important new book is the first specific study on the classical theory of wages to appear for more than 50 years and as such fills an important gap in... A Stirati - 《Books》...
One of the explanations forstructural unemploymentis that, in some markets, wages are set above the equilibrium wage that would bring the supply of and demand for labor into balance. While it is true thatlabor unions, as well as minimum-wage laws and other regulations, contribute to this phen...
: a theory in economics: there is at any one time a rigid capital fund available for wage payments, and increases in wage rates to any groups will only redistribute wage payments, not increase the aggregate of wages paid compare iron law of wages, subsistence theory ...
Twitter Google Share on Facebook wage (redirected fromWage Theory) Dictionary Thesaurus Legal Financial Related to Wage Theory:Human Capital Theory wage Economicsthe portion of the national income accruing to labour as earned income, as contrasted with the unearned income accruing to capital in the ...
SR Osmani - 《Journal of Development Economics》 被引量: 100发表: 1990年 The role of profitability and industrial wages in firm level wage determination The level of real wages is one of the key variables-perhaps the key variable-in the economy. Understanding the processes by which wage levels...
Answer to: Explain how wages are affected by the theory of consumer choice. By signing up, you'll get thousands of step-by-step solutions to your...
Economists explain welfare dependency of the unemployed and in-work poverty by the low labour market quality of the poor. Work can be made to pay by working family tax credits. But these might lower wages and price non-recipients out of the market, widening the eligibility for the wage suppl...
The sticky wage theory hypothesizes that employee pay tends to respond slowly to changes in company performance or to the economy. According to the theory, when unemployment rises, the wages of those workers that remain employed tend to stay the same or grow at a slower rate rather than falli...
Hahn, F. (1972) The Share of Wages in the National Income. An Enquiry into the Theory of Distribution . London: London School of Economics and ... FH Hahn - 《Oxford Economic Papers》 被引量: 7发表: 2015年 Real wages in the business cycle and the theory of income distribution: an ...