F&D Magazine

Suresh Naidu: Why Labor Market Model Falls Short


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

Join Us on Every Major Platform

Latest Podcasts


Bruce Edwards

International Monetary Fund

Bruce Edwards produces the IMF podcast program. He's an award-winning audio producer and journalist who's covered armed conflicts, social unrest, and natural disasters from all corners of the world. He believes economists have an important role in solving the world's problems and aspires to showcase their research in every IMF podcast.

Rhoda Metcalfe


Rhoda Metcalfe is an independent journalist and audio producer. Her reporting on the armed conflict in Colombia in the late 90s, as well as her work in Egypt, Turkey and South Africa has won several awards. She now produces podcasts and radio features from Washington DC and is a regular contributor to the IMF Podcast program.