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Micro Production Functions Arent Pretty
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Download or read book Monthly Labor Review written by and published by . This book was released on 1984 with total page 600 pages. Available in PDF, EPUB and Kindle. Book excerpt: Publishes in-depth articles on labor subjects, current labor statistics, information about current labor contracts, and book reviews.
Book Synopsis Productivity Versus OSHA and EPA Regulations by : Wayne Burger Gray
Download or read book Productivity Versus OSHA and EPA Regulations written by Wayne Burger Gray and published by . This book was released on 1986 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Intermediate Microeconomics by : Patrick M. Emerson
Download or read book Intermediate Microeconomics written by Patrick M. Emerson and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Impact of OSHA and EPA Regulation on Productivity by : Wayne B. Gray
Download or read book The Impact of OSHA and EPA Regulation on Productivity written by Wayne B. Gray and published by . This book was released on 1984 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents estimates of the impact of OSHA and EPA regulation on productivity. Production information for 1450 manufacturing industries from 1958 to 1980 is merged with measures of regulation, including both information on compliance expenditures by industry and enforcement efforts by OSHA and EPA. Industries that faced higher regulation during the 1970s had significantly lower productivity growth, and a greater productivity slowdown, than industries that faced lower regulation. Under certain assumptions, the regulation is estimated to have reduced average industry productivity growth by .57 percent per year, 39 percent of the average productivity slowdown. These results are robust to variations in the model and the inclusion of other productivity determinants, including poor output growth and dependence on energy. The results also suggest a one-time cost of adjustment to regulation, so the long-run impact nay be less than that estimated here. Both OSHA and EPA are found to target their enforcement effort towards those industries that are doing poorly in meeting the goals of the regulation. However, in the only area where benefits from regulation can be examined, worker injury rates and OSHA safety inspections, no significant benefits are found.
Book Synopsis The Effect of Managerial Technology on Factory Performance by : Eric Daniel Mankin
Download or read book The Effect of Managerial Technology on Factory Performance written by Eric Daniel Mankin and published by . This book was released on 1990 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Exchange Rate Determination with Systematic and Unsystematic Policy Regime Changes by : John H. Makin
Download or read book Exchange Rate Determination with Systematic and Unsystematic Policy Regime Changes written by John H. Makin and published by . This book was released on 1984 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents results of estimating an exchange rate equation in light of theoretical considerations regarding changes in sterilization and intervention policy and tax policy which imply that the coefficients in the equation will not behave as fixed parameters in a given sample period,as standard econometric practice assumes. We compare the results of ordinary least squares and a random coefficients model of the Japanese Yen-- U.S. dollar exchange rate during the floating period of July 1973 through June 1982.When systematic end of year policy changes affecting Japanese reserves are explicitly modeled, both OLS and the random coefficients model show increased explanatory power. The random coefficients model appears to be superior to OLS however; by allowing the coefficients to vary over time as required by the economic theory discussed above, estimates of the mean response coefficients for the floating period all have the hypothesized sign, and explanatory power is sharply increased.
Book Synopsis Stabilization Policies and the Information Content of Real Wages by : Joshua Aizenman
Download or read book Stabilization Policies and the Information Content of Real Wages written by Joshua Aizenman and published by . This book was released on 1984 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this paper is to compare the behavior of an economy subject to labor contracts with an economy where the labor market clears in an auction manner. Such a comparison is intended to reveal the information content of real wages in a flexible economy. The analysis reveals two distinct costs inflicted by nominal contracts and demonstrates that optimal macro policies can eliminate one of them.
Book Synopsis Modeling the Term Structure of Interest Rates Under Nonseparable Utility and Durability of Goods by : Kenneth B. Dunn
Download or read book Modeling the Term Structure of Interest Rates Under Nonseparable Utility and Durability of Goods written by Kenneth B. Dunn and published by . This book was released on 1984 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Agricultural Production Functions Estimated from Aggregate Intercountry Observations by : Michael A. Trueblood
Download or read book Agricultural Production Functions Estimated from Aggregate Intercountry Observations written by Michael A. Trueblood and published by . This book was released on 1991 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Reader's Guide to the Social Sciences by : Jonathan Michie
Download or read book Reader's Guide to the Social Sciences written by Jonathan Michie and published by Routledge. This book was released on 2014-02-03 with total page 2166 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2-volume work includes approximately 1,200 entries in A-Z order, critically reviewing the literature on specific topics from abortion to world systems theory. In addition, nine major entries cover each of the major disciplines (political economy; management and business; human geography; politics; sociology; law; psychology; organizational behavior) and the history and development of the social sciences in a broader sense.
Book Synopsis The Elgar Companion to Development Studies by : David Clark
Download or read book The Elgar Companion to Development Studies written by David Clark and published by Edward Elgar Publishing. This book was released on 2006 with total page 757 pages. Available in PDF, EPUB and Kindle. Book excerpt: If handbooks can be inspiring, this is it! Like a true companion, it takes in its stride conversations both big and small. Its entries do not just present an international and multidisciplinary mix, but true to life they work on several different scales. And, importantly, the book makes its authority evident. For it is like an extended website, but with all the added advantages of an encyclopaedia that actually tells you about the authors and the sources on which they have drawn. The resulting compilation is highly intelligent, thoughtful and above all usable. Dame Marilyn Strathern, University of Cambridge, UK The Elgar Companion to Development Studies is a major production in the development studies field, authored by a star-studded cast of contributors. With 136 entries covering a vast range of topics, it should quickly establish itself as a leading work of reference. We should all feel indebted to David Clark, who has successfully brought this substantial publishing project to completion. John Toye, University of Oxford, UK This is a most comprehensive handbook on development studies. It brings together a wide, varied array of carefully crafted summaries of 136 key topics in development by an international cast of well-respected academics and other experts in respective areas of study. The handbook is heavily interdisciplinary, organically combining economic, political, historical, social, cultural, institutional, ethical, and human aspects of development. While the wide range of entries might appear as a simple glossary listing or an encyclopedic collection, each of the 136 entries offers more depth and discussion than the average handbook. . . . Viewed in this light, this companion is highly likely to become known as a leading reference work on the topic. Highly recommended. Ismael Hossein-Zadeh, Choice The Elgar Companion to Development Studies is an innovative and unique reference book that includes original contributions covering development economics as well as development studies broadly defined. This major new Companion brings together an international panel of experts from varying backgrounds who discuss theoretical, ethical and practical issues relating to economic, social, cultural, institutional, political and human aspects of development in poor countries. It also includes a selection of intellectual biographies of leading development thinkers. While the Companion is organised along the lines of an encyclopaedia, each of its 136 entries provide more depth and discussion than the average reference book. Its entries are also extremely diverse: they draw on different social science disciplines, incorporate various mixes of theoretical and applied work, embrace a variety of methodologies and represent different views of the world. The Elgar Companion to Development Studies will therefore appeal to students, scholars, researchers, policymakers and practitioners in the filed of development as well as the interested layman.
Book Synopsis Income Distribution Theory by : Martin Bronfenbrenner
Download or read book Income Distribution Theory written by Martin Bronfenbrenner and published by Routledge. This book was released on 2017-09-05 with total page 538 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a well-grounded restatement, defense, and development of the theory of income distribution in both its micro- and macroeconomic aspects. The author, an authority in the field who has spent many years developing the ideas in this book, balances neoclassical theories with Keynesian and ""radical"" approaches. He considers income distribution theory in terms of ideology, statistics, micro- and macroeconomics, income policies, and the poverty problem. The result is a distinctive and comprehensive treatment of a subject that has polarized many economists over many decades. Bronfenbrenner reacts against conventional theories that concentrate on output markets, virtually ignoring input prices. He also opposes the brand of institutionalism that regards ""democratic business unionism"" as an American institution that can do no wrong. Overall, Bronfenbrenner presents an eclectic defense of a ""traditional"" theory of economics that has been under attack from rival viewpoints with insufficient rebuttal, and that proves to be a powerful tool of analysis in dealing with this subject. The book is organized into three main parts: an ideological and statistical personal introduction to income distribution, microeconomic distribution theory, and macroeconomic distribution theory. A final chapter considers incomes policies, with a rather skeptical view of the prospects for political control of income distribution within a basically free economy. The manuscript has been widely used and class tested over the past thirty-five years. The book will be useful to professional economists. It may be used as a basic text in courses on income distribution and as a supplementary text in microeconomic theory.
Book Synopsis Counterfactuals, Forecasts, and Choice-theoretic Modelling of Policy by : Herschel Ivan Grossman
Download or read book Counterfactuals, Forecasts, and Choice-theoretic Modelling of Policy written by Herschel Ivan Grossman and published by . This book was released on 1984 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper focuses on the problem of formulating an analysis of economic policy that is consistent with rational expectations. Cooley, LeRoy, and Raymon show that the Lucas and Sargent strategy for econometric policy evaluation is itself vulnerable to the logic of the Lucas critique. The present discussion develops the distinction between counter factuals and forecasts to clarify the nature of the inconsistencies in the Lucas and Sargent strategy. The paper goes on to propose and to illustrate a strategy for positive economic analysis that incorporates choice-theoretical modelling of policy. Such modelling can allow better forecasting, but it also shifts attention away from policy actions and their effects and towards the more fundamental relation between the policymaker's constraints and targets and economic outcomes. The forecasting problem in a choice-theoretic model of policy concerns the effects of hypothetical realizations of variables that determine the policymaker's constraints and targets. The analysis of counter factuals in this context recognizes that the parameters of the policy process are not invariant with respect to the processes that generate these exogenous variables. A program of positive economics that includes choice-theoretic modelling of policy also preserves a distinct role for policy advice as part of the process being modelled.
Book Synopsis Micro Markets by : Robert A. Schwartz
Download or read book Micro Markets written by Robert A. Schwartz and published by John Wiley & Sons. This book was released on 2010-03-25 with total page 585 pages. Available in PDF, EPUB and Kindle. Book excerpt: A timely guide that bridges the gap between microeconomic theory and practice through real-world application in the marketplace Understanding how microeconomics affects the marketplace is essential for any investment professional, however most books simply address microeconomics in its pure theory-based form. Micro Markets helps bridge the gap between theory and practice by defining microeconomics in terms of real-world, market applications. This timely guide elucidates basic microeconomic concepts with an emphasis on applicability. It establishes a common application for all of the basic economic concepts that are reviewed, and provides in-depth insights into an industry that is of major economic importance in aggregate, and to most individuals. Utilizes equity market realities to underscore the relevance of economic theory Each chapter includes informative practice problems and power points A companion Workbook, with practice problems and solutions, is also available By taking microeconomic theory and making it applicable to today's marketplace, Micro Markets builds a much-needed bridge between theory and practice.
Book Synopsis Major Changes in Cyclical Behavior by : Victor Zarnowitz
Download or read book Major Changes in Cyclical Behavior written by Victor Zarnowitz and published by . This book was released on 1984 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: Various structural, institutional, and policy changes have contributed to the evolution of business cycles, since World War II business expansions have been much longer and contractions much shorter than before. Over nearly 200 years of U.S. history expansions have been long relative to contractions when prices had upward secular trends, and shorter when price trends were down. The rising price trend since the 1930's fits this pattern, although we find no association between the rate of inflation during each business cycle and the relative duration of the phases. Shifts in the industrial composition of employment, in labor-force participation, and in the distribution of personal income have all contributed to the post-1945 moderation of cyclical amplitudes. The variability of economic change was low by historical standards in both 1948-69 and 1969-81, although the inflation rate was much higher and real growth on the average lower after 1969. The recent long-term inflation is attributable mainly to the new persistence of upward price movements in business cycle contractions rather than to more rapid price increases during expansions. But prices have always been sensitive to the degree of severity of business contractions, and they still are. The same is true of short-terminterest rates, although they became more sensitive during 1949-82 than before. Despite the deep changes in the economy, many basic characteristics of the business cycle remain unchanged, notably the timing relationships among groups of leading and lagging indicators.
Book Synopsis Perspectives on Public Choice by : Dennis C. Mueller
Download or read book Perspectives on Public Choice written by Dennis C. Mueller and published by Cambridge University Press. This book was released on 1997 with total page 692 pages. Available in PDF, EPUB and Kindle. Book excerpt: This five-part volume surveys the main ideas and contributions to the field of public choice.
Book Synopsis Disequilibrium Macroeconomic Models by : Jean-Paul Lambert
Download or read book Disequilibrium Macroeconomic Models written by Jean-Paul Lambert and published by CUP Archive. This book was released on 1988-05-26 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: