Browsing College of Business, Public Policy and Law by Subject "Profit maximising equilibrium"
Now showing items 1-1 of 1
-
Cointegration Tests of the Profit-maximising Equilibrium in Greek Manufacturing 1958-1991
(National University of Ireland, Galway, 1997-05)This paper applies the recently developed cointegration techniques to test for a long-run equilibrium among real wages and the average productivity of labour as implied by profit maximisation in the Greek manufacturing ...