Labor-saving Devices that Produce Automobiles
نویسندگان
چکیده
منابع مشابه
Family Labor Supply and Aggregate Saving
I study the impact of idiosyncratic risk on savings and employment in a small open economy populated by two-member families. Families incur a fixed cost of participation when both members are employed. Because of market incompleteness and information asymmetries, this cost coupled with labor market frictions can generate multiple equilibria. In particular, there might be one equilibrium with hi...
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ژورنال
عنوان ژورنال: Scientific American
سال: 1912
ISSN: 0036-8733
DOI: 10.1038/scientificamerican10121912-304