Jump to ContentJump to Main Navigation
Demand for LaborThe Neglected Side of the Market$
Users without a subscription are not able to see the full content.

Daniel S. Hamermesh and Corrado Giulietti

Print publication date: 2017

Print ISBN-13: 9780198791379

Published to Oxford Scholarship Online: March 2017

DOI: 10.1093/acprof:oso/9780198791379.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 27 November 2020

Aspects of Labor Demand

Aspects of Labor Demand

Chapter:
II Aspects of Labor Demand
Source:
Demand for Labor
Author(s):

Daniel S. Hamermesh

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780198791379.003.0018

This part of the book looks at the importance of labor demand for the study of economics. It examines in detail various aspects of labor demand. There is more to the study of labor demand than the neoclassical theory of the comparative statics of employers's responses to marginal changes in product demand and factor prices, the text states. The study of the responses of employment and hours to non-marginal changes — large shocks that are not readily analyzed using the standard mathematical tools — must belong in the subfield of labor demand. So too, examining the time paths of adjustment of employment and hours to both marginal and non-marginal shocks — the comparative dynamics of employment and hours — deserves inclusion.

Keywords:   labor demand, economics, neoclassical theory, marginal changes, non-marginal shocks

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .