Unlimited labor supply is the critical factor for the wage to be at the minimum subsistence ... H. Fei. 1961. “A Theory of Economic Development.” American Economic Review 51: 533–565. Onishi, H. 2011.

Annals of Economics and Statistics, No. 125/126, SPECIAL ISSUE IN HONOR OF EDMOND MALINVAUD (1923–2015) (June 2017), pp. 113-134 (22 pages) https://doi.org/10.15609 ...

The federal minimum wage is currently at a ... argued in a recent edition of his "Model Citizen" SubStack. While the US has characteristics of Mundell's theory, as a homogenous nationalized ...

Keynesian models of economic activity ... adding to the original theory a better integration of the short and the long run and an understanding of the long-run neutrality of money—the idea that a ...