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This paper surveys prior papers about married womenfs labor supply theory gDouglas-Arisawafs lawh and considers the future view of this theory.
Persistent link: https://www.econbiz.de/10005558184
This study explains the basic framework of the short-run Kaleckian model and the long-run Kaleckian model. The short-run Kaleckian model is a model in which the rate of capacity utilization is adjusted in response to excess demand and excess supply of the goods market with given capital stock....
Persistent link: https://www.econbiz.de/10015261587
We show the existence of involuntary unemployment without assuming wage rigidity. We derive involuntary unemployment by considering utility maximization of consumers and profit maximization of firms in an overlapping generations model under perfect competition with decreasing or constant returns...
Persistent link: https://www.econbiz.de/10015266390
We show the existence of involuntary unemployment without assuming wage rigidity. We derive involuntary unemployment by considering utility maximization of consumers and profit maximization of firms in an overlapping generations model under perfect competition with constant returns to scale...
Persistent link: https://www.econbiz.de/10015266641
We show the existence of involuntary unemployment without assuming wage rigidity. We derive involuntary unemployment by considering utility maximization of consumers and profit maximization of firms in an overlapping generations model under perfect competition with constant returns to scale...
Persistent link: https://www.econbiz.de/10015266642
We show the existence of involuntary unemployment without assuming wage rigidity. We derive involuntary unemployment by considering utility maximization of consumers and profit maximization of firms in an overlapping generations model under perfect competition with constant returns to scale...
Persistent link: https://www.econbiz.de/10015266933
We show the existence of involuntary unemployment without assuming wage rigidity. We derive involuntary unemployment by considering utility maximization of consumers and profit maximization of firms in an overlapping generations model under perfect competition with constant returns to scale...
Persistent link: https://www.econbiz.de/10015266934
Persistent link: https://www.econbiz.de/10015237069
Persistent link: https://www.econbiz.de/10015240400