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1994 | OriginalPaper | Buchkapitel

The Labour Market

verfasst von : Robert Barro, Vittorio Grilli

Erschienen in: European Macroeconomics

Verlag: Macmillan Education UK

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To simplify matters, we pretended that households used only their own labour to produce goods. Now we make things more realistic by introducing a market in which people exchange labour services. The people who buy labour services are the firms or employers in the economy. Those who sell services are the employees.

Metadaten
Titel
The Labour Market
verfasst von
Robert Barro
Vittorio Grilli
Copyright-Jahr
1994
Verlag
Macmillan Education UK
DOI
https://doi.org/10.1007/978-1-349-27904-3_6