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Labor demand and product demand

Journal of Post Keynesian Economics (2020) 43(4) 634-639
DOI: 10.1080/01603477.2020.1794905
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Abstract

This paper shows that the neoclassical model of labor demand in a firm is incomplete and that the determinants of labor demand in a complete model include the demand for the firm’s output but not the real wage.

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Farm, A. (2020). Labor demand and product demand. Journal of Post Keynesian Economics, 43(4), 634–639. https://doi.org/10.1080/01603477.2020.1794905

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