Registration Number
2119U008730, Article
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Стаття
Title
Model of impact of household assets on labour price: European experience (AI translated)
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Petkova Lesia
Zagoruiko Ivan
Palamarchuk Dmytro
Петкова Леся Омелянівна
Загоруйко Іван Олексійович
Паламарчук Дмитро Миколайович
Petkova Lesia
Zagoruiko Ivan
Palamarchuk Dmytro
Petkova Lesya Omelyanivna
Zahoruiko Ivan Oleksiiovych
Palamarchuk Dmytro Mykolaiovych
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01-01-2019
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Черкаський державний технологічний університет
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https://er.chdtu.edu.ua/handle/ChSTU/2391
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Journal of Eastern European and Central Asian Research
Description
This article deals with existing models of household behavior, based on the assumption of the possibility
of employees to determine their own level of consumption and employment, depending on a given wage
rate and accumulated assets. An alternative view is offered that the wage rate accepted by employees
can be expressed through financial assets and employment. Based on this assumption, the model
"financial assets – labor price" was developed, determining the impact of the volume of financial assets
of households and the level of employment on the wage rate, the minimum acceptable for workers.
The model was tested in twelve European countries. The calculations confirmed the basic hypothesis of
the study, namely the dependence of the level of wages on the volume of available assets and
employment.
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2026-04-27
