Cover Image
QR Code

Labour and capital mobility: Highbrow theory and lowbrow illustrations.

Complete mobility of labour in the long run equalises the 'rate of return' to employment, independently of any particular price structure. Then, given some level of net output, aggregate net value added is proportional to aggregate labour effort, a macroeconomic equal exchange. Complete mobility of...

Full description

Published in:Cambridge Journal of Economics Vol. 50; no. 2; pp. 431 - 456
Main Author: Mohun, Simon
Format: Article
Published: Oxford University Press / USA Mar2026
Subjects:
Labor mobility
Microeconomics
Macroeconomics
International business enterprises
Capital movements
Rate of return
Online Access:View this record in EBSCOhost

Internet

View this record in EBSCOhost