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The Dual Impact of Technical Progress

In: Labour

Author

Listed:
  • Jean Vercherand

    (INRA CESAER)

Abstract

The previous chapter was devoted to refuting the basic neoclassical representation of labour supply, according to which households are assumed to work for a duration and at an intensity such that they optimise their choices. This means that the global volume of labour taken on by companies does not correspond to the aggregation of optimal supplies from individuals. This raises the question of the determinants of this global volume.

Suggested Citation

  • Jean Vercherand, 2014. "The Dual Impact of Technical Progress," Palgrave Macmillan Books, in: Labour, chapter 4, pages 108-147, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-37361-8_5
    DOI: 10.1057/9781137373618_5
    as

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