Abstract

1. Characteristics of the labor market The chapter is centered on something which does not truly exist according to post-Keynesian theory: the labor market. The labor market has properties that highlight more than any other market the importance of institutions, norms and conventions. The chapter will nonetheless concentrate on the notion of employment. A fundamental property of the post-Keynesian labor market is its segmentation between the core economy (characterized by high wages and produ...

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call