F&D Magazine

Suresh Naidu: Why Labor Market Model Falls Short

SURESH NAIDU

April 5, 2024

Courtesy of Columbia University

In This Episode

For decades, the standard labor market model has been ruled by supply and demand, but a younger generation of labor economists is questioning that approach. Suresh Naidu is a Professor of Economics and International Public Affairs at Columbia University. He says while the supply and demand model is not wrong, it only tells part of the story. In this podcast, Naidu and journalist Rhoda Metcalfe discuss why today’s labor market model sometimes fails to reflect the real world. Transcript

Read Labor Market Model Paints an Incomplete Picture in the latest Finance and Development

 

SURESH NAIDU

SURESH NAIDU is the Jack Wang and Echo Ren Professor of Economics and a professor of International and Public Affairs at Columbia University.

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