International Journal of Tax Economics and Management

Demand for Labor and Market Theory of Wage Determination

Author: Hu Kao | Published on: 31 March, 2019   Page: 1-11

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Abstract
This economics is not merely economics but also discusses about many spheres of the labors. Labor economics look out to recognize the dynamics and functions of the markets of labor. The labor market function is by the interaction and dealing of employers and workers. Labor economics tries to understand the result pattern of income, employment and wages by looking at the workers or employs and labor is the measurement of the work that is done by the human beings. Usually, there is dissimilarity in labor economics and other aspects of production such as capital and land. In this article we will discuss about the spheres of this field of economics.

Keywords
Labor; Demand; Determination; Discrimination.

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Kao, H. (2019), Demand for Labor and Market Theory of Wage Determination. International Journal of Tax Economics and Management, 2(7), 1-11.

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    Kao, H. (2019) "Demand for Labor and Market Theory of Wage Determination", International Journal of Tax Economics and Management, 2(7), pp.1-11.

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    Kao, H.. Demand for Labor and Market Theory of Wage Determination. International Journal of Tax Economics and Management. 2019; 2(7): 1-11.

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    Kao, H.. Demand for Labor and Market Theory of Wage Determination. International Journal of Tax Economics and Management. 2019; 2(7): 1-11.

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    Kao, H.. Demand for Labor and Market Theory of Wage Determination. International Journal of Tax Economics and Management. 2019; 2(7): 1-11.

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  • Reference

    1. https://www.economicshelp.org/blog/26076/economics/human-capital-definition-and-importance/
    2. https://www.investopedia.com/terms/h/humancapital.asp
    3. https://en.wikipedia.org/wiki/Human_capital
    4. http://whystudyeconomics.ac.uk/during-your-study/module-choices/labour-economics/
    5.  Varian, Hal. 1992, Microeconomic Analysis, 3rd Ed., W.W. Norton & Company, Inc. New York.
    6. http://scholar.harvard.edu/files/goldin/files/human_capital_handbook_of_cliometrics_0.pdf

    [This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).]

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    Author Details


    Hu Kao
    Faculty of Economics
    Zhejiang University
    kaohu0675@gmail.com