Advanced Search

Journal Navigation

Journal Home

Subscriptions

Archive

Contact Us

Table of Contents

CiteULike is a free service for managing and discovering scholarly references - click here to get started.

Sign In to gain access to subscriptions and/or personal tools.
Review of Radical Political Economics
This Article
Right arrow Full Text (PDF)
Right arrow References
Right arrow Alert me when this article is cited
Right arrow Alert me if a correction is posted
Services
Right arrow Email this article to a friend
Right arrow Similar articles in this journal
Right arrow Alert me to new issues of the journal
Right arrow Add to Saved Citations
Right arrow Download to citation manager
Right arrowRequest Permissions
Right arrow Request Reprints
Right arrow Add to My Marked Citations
Citing Articles
Right arrow Citing Articles via Google Scholar
Right arrow Citing Articles via Scopus
Google Scholar
Right arrow Articles by Lavoie, M.
Right arrow Search for Related Content
Social Bookmarking
Add to CiteULike   Add to Complore   Add to Connotea   Add to Del.icio.us   Add to Digg   Add to Reddit   Add to Technorati   Add to Twitter  
What's this?

Real Wages and Unemployment with Effective and Notional Demand for Labor

Marc Lavoie

Department of Economics, University of Ottawa, 200 Wilbrod St., Ottawa (Ontario) Canada K1N 6N5

The article presents the concepts of notional and effective demand for labor within the usual real wage and employment space. Its purpose is to compare various employment models within a single and familiar heuristic framework, taking into account both the profit maximization hypothesis and the effective demand principle. This framework retains the assumption of decreasing returns but adds the impact of income distribution on effective demand through consumption demand.

Key Words: real wages • unemployment • demand for labor

Review of Radical Political Economics, Vol. 35, No. 2, 166-182 (2003)
DOI: 10.1177/0486613403035002004
Add to CiteULike CiteULike   Add to Complore Complore   Add to Connotea Connotea   Add to Del.icio.us Del.icio.us   Add to Digg Digg   Add to Reddit Reddit   Add to Technorati Technorati   Add to Twitter Twitter    What's this?