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Labour, An Equivocal Concept for Economic Analyses

Author

Listed:
  • Ebbe Yndgaard

    (Department of Economics, University of Aarhus, Denmark)

Abstract

Ever since the adoption of the symbiosis of mathematical analytical methods and marginalism in economics, there has been a tendency of negligence in the sense that it is seldom to ask the dual question: what are the fundamental assumptions on which the above approach is resting and are they worth while as measured by realia? In a rather informal form we try to address some aspects of these basic questions. A main result is that it is very doubtful to rely too naively on main stream results, relying on a one- dimensional concept of homogenous labour. Most of the standard results on this foundation - including those of unemployment - are ambiguous, at best.

Suggested Citation

  • Ebbe Yndgaard, "undated". "Labour, An Equivocal Concept for Economic Analyses," Economics Working Papers 2000-5, Department of Economics and Business Economics, Aarhus University.
  • Handle: RePEc:aah:aarhec:2000-5
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    File URL: https://repec.econ.au.dk/repec/afn/wp/00/wp00_5.pdf
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    Citations

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    Cited by:

    1. Bo Sandemann Rasmussen, "undated". "Government Debt and Capital Accumulation in the Blanchard-Cass-Yaari OLG Model," Economics Working Papers 2000-14, Department of Economics and Business Economics, Aarhus University.
    2. Nikolaj Malchow-Moeller & Bo Jellesmark Thorsen, "undated". "A Dynamic Agricultural Household Model with Uncertain Income and Irreversible and Indivisible Investments under Credit Constraints," Economics Working Papers 2000-7, Department of Economics and Business Economics, Aarhus University.
    3. Boriss Siliverstovs, 2005. "The Bi-parameter Smooth Transition Autoregressive model," Economics Bulletin, AccessEcon, vol. 3(23), pages 1-11.
    4. Nikolaj Malchow-Moeller & Bo Jellesmark Thorsen, "undated". "Investment under Uncertainty - the Case of Repeated Investment Options," Economics Working Papers 2000-15, Department of Economics and Business Economics, Aarhus University.

    More about this item

    Keywords

    Heterogenous labour; measurement and mathematical representability; economic methodology;
    All these keywords.

    JEL classification:

    • B4 - Schools of Economic Thought and Methodology - - Economic Methodology
    • C0 - Mathematical and Quantitative Methods - - General
    • E1 - Macroeconomics and Monetary Economics - - General Aggregative Models
    • J3 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs

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