Skip to content
Category

Labour economics

page 1
work
activities performed as a means of support
means of production
reference to physical, non-human inputs used in production to produce wealth
labour economics
functioning and dynamics of the markets for labour
factor of production
resources used in the production process to produce output
human capital
knowledge, skills, training and similar concepts, in economics
revolutionary syndicalism
thumb|Demonstration by the Argentine syndicalist union FORA in 1915
labor market
request and access for labor
labor theory of value
in economics, the theory that the economic value of a good or service is determined by the total amount of socially necessary labor required to produce it
workers' self-management
form of organizational management based on self-directed work processes on the part of an organization's workforce
putting-out system
cottage industry
Marx's theory of alienation
social theory claiming that capitalism alienates workers from their humanity
exploitation of labour
abuse of people in the workplace for profit
piece work
employment system where the worker is paid according to the number of units produced
Iron law of wages
proposed law of Economics
bonus payment
usually made to employees in addition to their base salary as part of their wages or salary
surplus labour
economic concept
reproduction
economic term
efficiency wage
concept in economy that higher wages may increase the efficiency of the workers
sexual division of labour
delegation of different tasks between males and females
abstract labour and concrete labour
form of labour
economic discrimination
discrimination based on economic factors
lump of labour fallacy
misconception in economics about allocation of work
Matching theory
search theory
Rehn–Meidner model
Economic model
labour market flexibility
speed with which labour markets adapt to changes
search theory
theory
labor mobility
ability of individual workers to move around within the labour market
IZA Institute of Labor Economics
think tank in Bonn, Germany
Implicit contract theory
Economic theory of voluntary agreements
reduction of working hours
Social VAT
earmarking of VAT revenues for social security
Market design
practical methodology for creation of markets of certain properties, which is partially based on mechanism design
labour supply
total hours that workers wish to work at a given real wage rate
Backward bending supply curve of labour
economical model relating real wages to hours worked
active labour market policies
government work relief programmes
immiseration thesis
Marxist theory that capitalist production stabilizes real wages, reducing wage growth relative to total value creation in the economy, leading to the increasing power of capital in society
Taste-based discrimination
Economic model of discrimination
Labor market of Japan
Lewis turning point
situation in economic development
Cincinnati Time Store
experimental store
Wage–fund doctrine
concept from early economic theory
digital labor
particular form of activity, used to form a life, taking place particularly by participation in digital environments