1. Free to choose or prisoner of market forces : an introduction to high wage growth -- 2. Introducing x-efficiency theory, rational inefficiency, and the political economy of the golden rule -- 3. A behavioral-institutional model of endogenous growth and induced technical change -- 4. Why...

I discuss some key issues raised by behavioral economics for better understanding the working of the labor market. Amongst the key points in this paper are: (i) a revised modeling of the labor supply curve, with a specific focus on the target income approach (ii) elaborating on the importance of...

According to standard neoclassical theory a higher real wage will result in less employment and a lower rate of employment growth than a lower real wage and thus exogenous interventions in the labor market which increase real wage, such as minimum wage legislation and unionization, are said to...

Evidence is presented in this paper which challenges the general applicability of the hypothesis that low wages are necessary or, in the very least, conducive to higher rates of manufacturing employment growth. An analysis of the Canadian censuses and other material for Quebec and Ontario for...