Demand, Supply, and Labor Market Analysis.

The total demand for jobs, like any aggregate economic function, must be built up from individual demand functions. Because it resembles other types of demand, any individual's demand for a job depends on the availability of substitutes for it, the individual's tastes and preferences, and purchasing...

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Publicado en:Journal of Economic Issues Vol. 15; no. 2; pp. 423 - 435
Autor principal: Bell, Carolyn Shaw
Formato: Artículo
Publicado: Taylor & Francis Ltd Jun81
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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      pub: Taylor & Francis Ltd
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        10.1080/00213624.1981.11503865
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        atl: Demand, Supply, and Labor Market Analysis.
      aug:
        au: Bell, Carolyn Shaw
        affil: Katharine Coman Professor of Economics, Wellesley College, Wellesley, Massachusetts.
      su:
        Demand function
        Labor
        Labor market
        Supply & demand
        Income
        Labor supply
        Purchasing power
        Economic indicators
        United States
      sug:
        subj:
          United States
          Demand function
          Labor
          Labor market
          Supply & demand
          Income
          Labor supply
          Purchasing power
          Economic indicators
      ab: The total demand for jobs, like any aggregate economic function, must be built up from individual demand functions. Because it resembles other types of demand, any individual's demand for a job depends on the availability of substitutes for it, the individual's tastes and preferences, and purchasing power. The latter, of course, is not money or income; the flow of dollars goes to the worker. Purchasing power, or what people use to buy a job, consists of their time. Taking a job requires spending one's time in a defined way for a defined period. Like the income constraint it replaces, the total time available to anyone is limited; time is a scarce resource. The notion of a job as one kind of time use finds support in scattered evidence from employment literature. For example, in collecting and tabulating data, employment must be identified as full-time or part-time. In presenting employment data, overtime, slack time, and time off recur frequently. The most recent employment issues, work sharing and flexible hours, also deal with time use. Analysts of employment are beginning to do time-use studies, although the data are incomplete.
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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          year: 1981
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