Last Updated
：2025/12/07
shadow real wage
Noun
Japanese Meaning
（経済学）実際の市場取引に基づかない、労働の影の価格としての実質賃金。すなわち、労働の真の価値を反映するために市場以外の要素を考慮した賃金。
（ plural ）
Quizzes for review
(economics) A shadow price of labor, i. e. a real wage which is not based on actual market exchanges.
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shadow real wage
In the model, the shadow real wage determines the labor allocation when markets are distorted.
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In the model, the shadow real wage determines the labor allocation when markets are distorted.
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