The Economics of LabourJohn Creedy, Barry Thomas Butterworth Scientific, 1982 - 322 páginas Monograph of essays on labour economics and the labour market in the UK - discusses labour supply and labour demand-related economic theories, occupational choice, human capital investment, wage structure, wage differentials, role of trade unions, professional worker internal labour markets and labour mobility, occupational organization and union membership, unemployment, role of employment policies, etc. Graphs, references and statistical tables. |
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Página 20
... substitution , o , the elasticity of demand for the product , ε , the elasticity of supply of the other factor , η , and the proportion of total costs attributable to the factor , K. This can be expressed as p = { o ( ε + n ) + KN ( E ...
... substitution , o , the elasticity of demand for the product , ε , the elasticity of supply of the other factor , η , and the proportion of total costs attributable to the factor , K. This can be expressed as p = { o ( ε + n ) + KN ( E ...
Página 49
... substitution effect of the change in w . The ( hypothe- tical ) movement from E2 to E3 , involving a movement to indiffer- ence curve 12 , is of course the income effect of the change . The net effect of the income and substitution ...
... substitution effect of the change in w . The ( hypothe- tical ) movement from E2 to E3 , involving a movement to indiffer- ence curve 12 , is of course the income effect of the change . The net effect of the income and substitution ...
Página 51
... substitution effects for any given member . First , there is the single substitution effect on the member's labour supply of an increase in his or her own wage , called the own - substitution effect . In addition there is the cross- ...
... substitution effects for any given member . First , there is the single substitution effect on the member's labour supply of an increase in his or her own wage , called the own - substitution effect . In addition there is the cross- ...
Contenido
Employers demand for labour | 14 |
6 | 37 |
15 | 76 |
Derechos de autor | |
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Términos y frases comunes
adjustment age-earnings profiles analysis argued average bargaining behaviour Britain British budget constraint changes chapter characteristics competitive contract curve costs Creedy demand for labour determined differential discrimination discussion distribution dual labour market econometric education and training effect elasticity empirical employers engineering estimates evidence examined example factors firm full-time groups higher education human capital theory important income income effect increase indifference curves individual Industrial Relations inequality institutions internal labour market investment labour demand labour economics labour force labour supply lifetime earnings London manpower measure ment neoclassical Nickell non-manual occupational choice output participation particular pay structure Phelps Brown Phillips curve problem professional qualified rates of return recruitment regression analysis relationship relative salaries segmentation skills specific studies substitution substitution effect suggested supply functions supply of labour survey tion trade unions unem unemployed unemployment variables wage rate wage structure women workers
Referencias a este libro
Kieler Studien, Tema 194 Universität Kiel. Institut für Weltwirtschaft Sin vista previa disponible - 1949 |