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Characteristics of Labor Markets Varying with Pertubations of Relative Markups

Summary:
My article with the post title is now available at the Review of Political Economy. The abstract follows: Abstract: This article examines a model of long-period positions with markup pricing. The variation in certain characteristics of the wage frontier with perturbations of relative markups is illustrated. This analysis provides a demonstration of the emergence of the reswitching of techniques and of capital reversing, for example, in non-competitive markets.

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Characteristics of Labor Markets Varying with Pertubations of Relative Markups

My article with the post title is now available at the Review of Political Economy. The abstract follows:

Abstract: This article examines a model of long-period positions with markup pricing. The variation in certain characteristics of the wage frontier with perturbations of relative markups is illustrated. This analysis provides a demonstration of the emergence of the reswitching of techniques and of capital reversing, for example, in non-competitive markets.

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