Models and theories in a frictions and wage rigidities labor market
Unlike the classic market vision, where demand and supply meet immediately, at no cost, and prices are determined in such a way that demand equals supply, in the real world frictions occur in the searching process, the price offers of one of the parties are considered too high, be it the goods or se...
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Format: | Article |
Language: | English |
Published: |
General Association of Economists from Romania
2019-03-01
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Series: | Theoretical and Applied Economics |
Subjects: | |
Online Access: |
http://store.ectap.ro/articole/1375.pdf
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