Since 2014
Strategic Household Behavior in Labor Surplus Economies
Philippine Review of Economics
View Archive Info| Field | Value | |
| Title |
Strategic Household Behavior in Labor Surplus Economies
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| Creator |
Fabella, Raul V.; Associate Professor, School of Economics, University of the Philippines Diliman
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| Subject |
—
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| Description |
We show that when households employ the Cournat-Nash strategy in labor surplus economies, the wage rate is strictly positive, households are underemployed, household members may be openly unemployed, the labor supply curve is upward-sloping and household withdrawal but not worker withdrawal decreases output.
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| Publisher |
Philippine Review of Economics
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| Contributor |
—
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| Date |
1991-12-24
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/255
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| Source |
Philippine Review of Economics; Vol 28, No 2 (1991)
1655-1516 |
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| Language |
eng
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| Relation |
http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/255/440
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| Rights |
Copyright (c) 2018 Philippine Review of Economics
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