Shortcomings of Marginal Analysis for Wage-Employment Problems

Shortcomings of Marginal Analysis for Wage-Employment Problems

This paper does not pretend to bridge the gap between individual-firm theory and general theory. In examining the relationship between wages and employment from the point of view of the individual firm and investigating the shortcomings of marginal analysis for wage-employment matters, it does, howe...

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Veröffentlicht in:The American economic review 1946-03, Vol.36 (1), p.63-82
1. Verfasser: Lester, Richard A.
Format: Artikel
Sprache:eng
Schlagworte:
Business structures
Cotton
Employment
Furniture industry
Furniture making
Labor costs
Labor economics
Marginal analysis
Payment
Studies
Variable costs
Wage rate
Wage rates
Wages
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Zusammenfassung:This paper does not pretend to bridge the gap between individual-firm theory and general theory. In examining the relationship between wages and employment from the point of view of the individual firm and investigating the shortcomings of marginal analysis for wage-employment matters, it does, however, represent a step in that direction.
ISSN:0002-8282
1944-7981