| | | | PROBLEMS OF MODERN ECONOMICS, N 2 (86), 2023 | | | | ISSUES OF ECONOMIC THEORY. MACROECONOMICS | | | Mortikov V. V.
Chair of Personnel Management and Economic Theory, Vladimir Dal’ Lugansk State University, PhD (Economics), Professor
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| | | The article analyzes the major economic factors that impact participation of the country’s population in labor activity. The authors discuss the role of labor- and non-labor income, taxation, and their impact on labor supply. The article defines the importance of income and substitution effect with regard to the impact produced by economic regulators upon people’s involvement in labor activity. | | Key words: labor activity, labor supply, income and substitution effect, labor- and non-labor incomes, tax on income of physical persons | | Pages: 41 - 45 |
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