Scandinavian Working Papers in Economics
Working Paper Series,
Stockholm University, Swedish Institute for Social Research
No 4/2017: Labour demand and real wages
Ante Farm
Additional contact information
Ante Farm: Swedish Institute for Social Research, Stockholm University, Postal: SOFI, Stockholm University, SE-106 91 Stockholm, Sweden
Abstract: This paper shows that the traditional model of labour demand in a firm is incomplete and that the determinants of labour demand in a complete model include the demand for the firm’s products but not the real wage.
Keywords: Labour demand; employment; real wage
JEL-codes: J23
16 pages, April 18, 2017
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