Search results
Results from the WOW.Com Content Network
The dual labour market (also referred to as the segmented labour market) theory aims at introducing a broader range of factors into economic research, such as institutional aspects, race and gender. [1] [citation needed] It divides the economy into two parts, called the "primary" and "secondary" sectors. The distinction may also be drawn ...
The Dual Sector model, or the Lewis model, is a model in developmental economics that explains the growth of a developing economy in terms of a labour transition between two sectors, the subsistence or traditional agricultural sector and the capitalist or modern industrial sector.
Michael Joseph Piore (born August 14, 1940) is an American economist and professor of economics and political science at the Massachusetts Institute of Technology.His research centers on labor economics, immigration, and innovation.
There are two sides to labour economics. Labour economics can generally be seen as the application of microeconomic or macroeconomic techniques to the labour market. . Microeconomic techniques study the role of individuals and individual firms in the labou
The economic rationale behind this idea of labor reallocation is that of faster economic development. The essence of labor reallocation lies in Engel's Law, which states that the proportion of income being spent on food decreases with increase in the income-level of an individual, even if there is a rise in the actual expenditure on food. For ...
Split labor market theory traces the roots of racial/ethnic stratification to social and political differences that predate inter-group contact in the labor market, but the specific outcomes (caste system, exclusion, or something else) result mainly from the actions of the higher paid segment of the working class and their power relative to ...
Labor theory of value – Labour economics – Labor union – Laffer curve – Laissez-faire – Land (economics) – Land value tax – Law and economics – Legal origins theory – Lerman ratio – Limit price – List of unsolved problems in economics – List of topics in industrial organization – Lemon market – Living wage – Local ...
The IZA – Institute of Labor Economics (German: Forschungsinstitut zur Zukunft der Arbeit), until 2016 referred to as the Institute for the Study of Labor (IZA), is a private, independent economic research institute and academic network focused on the analysis of global labor markets and headquartered in Bonn, Germany.