The Supply Side of the Economy in the Short Run: The Labour Market and the Aggregate Supply

This note presents a basic model of the labour market. It shows the relation between the equilibrium in this market and the shape of the short and long run aggregate supply functions.
Collection: IESE (España)
Ref: ASEN-203-E
Format: PDF
Number of pages: 12
Publication Date: Jun 1, 1998
Language: English, Spanish
Review date: Feb 12, 2004

Description

This note presents a basic model of the labour market. It shows the relation between the equilibrium in this market and the shape of the short and long run aggregate supply functions.
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The Supply Side of the Economy in the Short Run: The Labour Market and the Aggregate Supply

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"The Supply Side of the Economy in the Short Run: The Labour Market and the Aggregate Supply"