Springer nov 1980 (4 Ergebnisse)

Buch. Zustand: Neu. Neuware - 1 Introduction.- 1.1 The Problem.- 1.2 Some Facts.- 1.3 Different Jobs, Different People.- 1.4 Related Approaches.- 1.5 Human Capital Theory.- 1.6 Capabilities.- 1.7 Outline of the Book.- 2 Individual Labor Supply.- 2.1 The Basic Model.- 2.2 Occupational Careers.- 2.3 Capability Development.- 2.4 A Life-Cycle Labor Supply Model.- 2.5 Evaluating Comments.- 3 Labor Demand.- 3.1 The Production Function.- 3.2 Equilibrium of the Firm.- 3.3 Some Comments.- 3.4 Price Changes.- 3.5 Evaluating Comments.- 4 Market Equilibrium.- 4.1 Divisibility.- 4.2 Divisibility and Equilibrium.- 4.3 Comparative Statics.- 5 The Income Density Function.- 5.1 The Earnings Function.- 5.2 Optimal Efforts.- 5.3 Age Distribution and Income Distribution.- 5.4 Income Distribution and Income Tax Rate Changes.- 5.5 Concluding Remarks.- 6 A Two-Capability Illustration.- 6.1 Labor Supply.- 6.2 Labor Demand.- 6.3 The Distribution of Income.- 6.4 The Distribution of Job Wage Rates.- 6.5 Effects of Income Tax Rate Changes.- 6.6 Concluding Remarks.- 7 On Testing.- 7.1 Main Hypotheses and Their Testing.- 7.2 Capabilities as Operational Variables.- 7.3 The Distinction between Capability Stocks and Capability Supply.- 7.4 Capabilities and Wages.- 7.5 Capability Development.- 7.6 Concluding Remarks.- 8 Measurement and Testing on American Data.- 8.1 The Data.- 8.2 Reconnaissance: The 1970 Census Data.- 8.3 Further Analysis: The 1950 and 1960 Census Data.- 9 Evaluation and Expansion.- Appendixes.- 2 The Labor Demand Model.- 3 Properties of Transformations.- 4 Effects of Tax Rate Changes.- 5 Explanation of DOT Variables.- 6 The 1970 Census Data Set.- 7 Distribution of Jobs by Capability Level.- 8. Selection of Regression Results: 1950-1960 Census Data.- Notes.- References.- List of Symbols.- Name Index.…

Buch. Zustand: Neu. Neuware.

Buch. Zustand: Neu. Neuware.

Buch. Zustand: Neu. Neuware - The ending of the decade of the seventies and the dawning of the eighties can be characterized as a period of great uncertainty with prospects for economic political instability. High inflation and fluctuating exchange rates in the de veloped Western world have served to strengthen the forces of disequilibrium in the fmancial markets, leading to an investment situation with several unusual but significant factors. Capital spending by business, leading to the creation of new jobs, has not been reduced substantially during this period of uncertainty, as happened in similar periods in the past. This is shown in part by the continuing low unemployment rates in evidence during the period, which are in contradic tion to the trend exhibited in similar past periods. The expanding financing re quirements resulting from high price inflation have led to an increase in the capital intensity of firms, and thus to enhanced sensitivity of their income streams to economic fluctuations. At the same time, the record high interest rates that companies have had to pay to acquire this inflated amount of capital have caused a deterioration in the safety or quality indica tors by which the creditworthiness of the firms is judged. These developments tend to increase vii viii INTRODUCTION the stakes involved in business decision making. One important repercussion of this is that greater attention is now being focused on improving the quality of investment decisions.…