3 Answered Questions for the topic Labor Economics

02/18/22

Labor Economics
Draw a budget constraint for someone who has a potential job that pays $12 per hour, but in order to work, they have to commute 2 hours each day. Q. Assume that the individual has $500 in... more
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05/28/19

Factor-augmenting technologies (Acemoglu and Restrepo 2018c)?
In that paper, they consider the following production function:$Y = F(A_KK,A_LL)$.Where: > K denotes capital, L is labor, and $A_K$ and $A_L$ denote capital-augmenting> and labor-augmenting... more
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Labor Economics Business Finance Macroeconomics

05/05/19

Can absence of inflation be accounted for by a reconfigured class structure?
A previous and oft-heard question asked why no inflation results from the Fed pumping money into the economy.Are we simply seeing a methodical wage suppression, thus no official "inflation," while... more
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