Question
With regard to the supply of labour: a. Explain how the leisure preference analysis is used to establish the relationship between real income and supply
With regard to the supply of labour:
a. Explain how the leisure preference analysis is used to establish the relationship between real income and supply of labour.
b. Discuss the significance of the backward bending supply curve of labour for economic analysis.
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Mostly Harmless Econometrics An Empiricist's Companion
Authors: Joshua Angrist
1st Edition
1400829828, 9781400829828
