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Linear Aggregation in Neoclassical Labour Supply.

The article focuses on the substantial interest in the theory and estimation of models of labour supply and the joint demand for goods. Neoclassical versions of such models assume that households face parametric prices and wages and can therefore choose hours of employment and quantities of goods ac...

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Published in:Review of Economic Studies Vol. 48; no. 1; pp. 21 - 37
Main Author: Muellbauer, John
Format: Article
Published: Oxford University Press / USA Jan81
Subjects:
Labor supply
Duality theory (Mathematics)
Employment
Income inequality
Economic demand
Wages
Labor economics
Online Access:View this record in EBSCOhost