Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5092061 | Journal of Comparative Economics | 2015 | 18 Pages |
Abstract
We develop a model of demand and supply for industrial labour in such a command economy. To get more resources for investment or war, the state depresses the level of real wages; to avoid incentive problems in the wider economy, the harshness of prison conditions can be intensified. This is the logic of coercion we analyse.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Marcus Miller, Jennifer C. Smith,