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IZA World of Labor launched on 1 May 2014 at the Press Club in Washington D.C. to coincide with International Workers' Day. [2] It is a freely-available online resource presenting analyses of labor economics issues to inform evidence-based policy, [3] from the effect of minimum wages on employment prospects to whether demographic bulges affect youth unemployment.
This page was last edited on 17 February 2023, at 14:50 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
Labour economics seeks to understand the functioning and dynamics of the markets for wage labour. Labour is a commodity that is supplied by labourers , usually in exchange for a wage paid by demanding firms.
It anticipates a number of developments in distribution and growth theory and remains a standard work in labour economics. [ 1 ] Part I of the book takes as its starting point a reformulation of the marginal productivity theory of wages as determined by supply and demand in full competitive equilibrium of a free market economy.
A. W. Coats reviewed Studies in the Labour Theory of Value positively in Kyklos, writing that whether or not Meek was successful in his defense of the labor theory of value, he "certainly provided enough solid material to tax the ingenuity of students of Marxist economics." [1] Studies in the Labour Theory of Value was praised by the historian ...
Research in Labor Economics (RLE) is a biannual series that publishes peer-reviewed research applying economic theory and econometrics to analyze policy issues. Typical themes of each volume include labor supply, work effort, schooling, on-the-job training, earnings distribution, discrimination, migration, and the effects of government policies.
This page was last edited on 24 January 2025, at 18:02 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
The book showed how operationally meaningful theorems can be described with a small number of analogous methods, thus providing "a general theory of economic theories." It moved mathematics out of the appendices (as in John R. Hicks's Value and Capital ) and helped change how standard economic analysis across subjects could be done with the ...