the substitution effect of a wage decrease
Withthesubstitutionandincomeeffectsworkinginoppositedirections,itisnotclearwhetherawageincreasewillincreaseordecreasethequantityoflabor ...,Adecreaseinthewagewouldpivotthebudgetconstraintinwardsaroundthepoint(24,0).Thefeasiblesetwouldbesmallerand...
The substitution and income effects of a wage increase, but ...
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- substitution effect 中文
- slutsky substitution effect
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- slutsky substitution effect中文
- intertemporal substitution effect
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