Mason, Patrick L. (1993): Variable labor effort, involuntary unemployment, and effective demand. Published in: Journal of Post Keynesian Economics , Vol. 15, No. 3 (1993): pp. 427-442.
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The paper theoretically examines the relationship between variable labor effort (also labeled efficiency wages), effective demand, and involuntary unemployment.
|Item Type:||MPRA Paper|
|Original Title:||Variable labor effort, involuntary unemployment, and effective demand|
|Keywords:||efficiency wage; variable labor effort; contest exchange; labor power; Post Keynesian; effective demand; unemployment|
|Subjects:||E - Macroeconomics and Monetary Economics > E1 - General Aggregative Models > E12 - Keynes; Keynesian; Post-Keynesian
J - Labor and Demographic Economics > J4 - Particular Labor Markets > J41 - Labor Contracts
E - Macroeconomics and Monetary Economics > E2 - Macroeconomics: Consumption, Saving, Production, Employment, and Investment > E24 - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital
|Depositing User:||Patrick L. Mason|
|Date Deposited:||01. Nov 2008 01:54|
|Last Modified:||12. Feb 2013 19:40|
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