Some formal models of the aggregate labour market

  • Martyn Andrews


The remainder of this book is concerned with the different approaches found in formal, econometric based models of the aggregate labour market. In this chapter we set down a simple taxonomy of models typically found in empirical work, which provides a basic reference for the remaining chapters. Chapters 3 to 6 represent applications for the UK; and finally Chapter 7 presents a selective non-UK view, primarily to provide a contrast with the main substance of this book.


Labour Supply Real Wage Labour Demand Phillips Curve Excess Supply 
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© Chapman and Hall Ltd 1988

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  • Martyn Andrews

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