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Author : Mahmood Arai
Publisher :
ISBN 13 :
Total Pages : 27 pages
Book Rating : 4.:/5 (246 download)
Download or read book Wages, Profits and Capital Intensity written by Mahmood Arai and published by . This book was released on 1999 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Mr.Bankim Chadha
Publisher : International Monetary Fund
ISBN 13 : 1451974183
Total Pages : 40 pages
Book Rating : 4.4/5 (519 download)
Download or read book Wages, Profitability, and Growth in a Small Open Economy written by Mr.Bankim Chadha and published by International Monetary Fund. This book was released on 1990-05-01 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines issues raised by the evolution of a rapidly growing small open economy—Singapore—from a labor-intensive, low-technology production base to a capital-intensive, high-technology, knowledge-and-skill-intensive emphasis as it approached the limits of its resource constraints in the labor market. In order to analyze the process of restructuring a model of endogenous growth for a small open economy that is driven by increases in labor productivity from learning and that allows for the dynamic acquisition of comparative advantage is developed. In this framework the effects of various policies and exogenous shocks on the direction and pace of restructuring are investigated.
Author : Matti Virén
Publisher :
ISBN 13 :
Total Pages : 16 pages
Book Rating : 4.:/5 (424 download)
Download or read book Higher Wages and Capital Intensity written by Matti Virén and published by . This book was released on 2006 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Mahmood Arai
Publisher :
ISBN 13 :
Total Pages : 27 pages
Book Rating : 4.:/5 (849 download)
Download or read book Wages, Pprofits and Capital Intensity: Evidence from Matched Worker-firm Data written by Mahmood Arai and published by . This book was released on 1999 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Edward E. Leamer
Publisher :
ISBN 13 :
Total Pages : 66 pages
Book Rating : 4.3/5 ( download)
Download or read book Effort, Wages and the International Division of Labor written by Edward E. Leamer and published by . This book was released on 1996 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper embeds variable effort into a traditional multi-sector model. Effort enters a production function like total-factor-productivity and on the assumption that effort doesn't affect capital depreciation, the capital-cost savings from high effort operations are passed on to workers. The labor market thus offers a set of contracts with higher wages compensating for higher effort. Among the implications of the model are: The capital savings from effort are greatest in the capital-intensive sectors where the high-effort high-wage contracts occur; Communities inhabited by industrious workers have high returns to capital and comparative advantage in capital-intensive goods; Capital accumulation in a closed economy causes reductions in effort; Capital accumulation in an open economy creates new high-wage high-effort jobs and higher effort levels; Price declines of labor intensive goods twist the wage-eff offer curve reward for hard work; A deterioration in the terms of trade causes an economy- wide reduction in effort; A minimum wage does not cause unemployment. It forces effort in local services up high enough to support the higher wage. This acts like an increase in labor supply which increases the return on capital. A minimum wage by forcing greater effort increases GDP and reduces earnings inequality, but it makes workers worse off since they prefer the the contracts offered by the free market.
Author : Sho-chieh Tsiang
Publisher :
ISBN 13 :
Total Pages : 192 pages
Book Rating : 4.3/5 (91 download)
Download or read book The Variations of Real Wages and Profit Margins in Relation to the Trade Cycle written by Sho-chieh Tsiang and published by . This book was released on 1947 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Willem H. Buiter
Publisher :
ISBN 13 :
Total Pages : 23 pages
Book Rating : 4.:/5 (13 download)
Download or read book Corporate Profit Taxes, Capital Expenditure and Real Wages written by Willem H. Buiter and published by . This book was released on 2018 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recent reduction in the US corporate profit tax rate from 35 percent to 21 percent has triggered renewed interest in the impact of a cut in the corporate tax rate on capital accumulation and real wages. This theoretical contribution demonstrates that the familiar proposition that a cut in the corporate profit tax rate boosts the capital intensity of production and the real wage is sensitive to a number of key assumptions. Even when the real interest rate is exogenously given, full deductibility of capital expenditure from the corporate profit tax base will result in no impact of a corporate profit tax rate cut on the incentive to invest. Adding deductibility of interest can result in a negative effect on the capital intensity of production of a corporate profit tax rate cut. When the real interest rate is endogenous, we use the "perpetual youth" OLG model to demonstrate that the effects on consumption demand of a corporate profit tax cut will reduce the impact on capital intensity of a corporate profit tax cut if the tax cut is funded by higher lump-sum taxes on "permanent income" households. We have not been able to find examples where the capital intensity impact is reversed. Alternative funding rules (e.g. lower public consumption purchases) and the introduction of "Keynesian" consumers could lead to a larger positive effect on capital intensity from a cut in the corporate profit tax rate.
Author : Edmond Malinvaud
Publisher :
ISBN 13 :
Total Pages : 28 pages
Book Rating : 4.:/5 (321 download)
Download or read book Real Wages and Employment-- written by Edmond Malinvaud and published by . This book was released on 1988 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : John M. Abowd
Publisher : Université de Montréal, Centre de recherche et développement en économique
ISBN 13 :
Total Pages : 94 pages
Book Rating : 4.:/5 (318 download)
Download or read book High Wage Workers and High Wage Firms written by John M. Abowd and published by Université de Montréal, Centre de recherche et développement en économique. This book was released on 1994 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study a longitudinal sample of over one million French workers and over 500,000 employing firms. Real total annual compensation per worker is decomposed into components related to observable characteristics, worker heterogeneity, firm heterogeneity and residual variation. Except for the residual, all components may be correlated in an arbitrary fashion. At the level of the individual, we find that person-effects, especially those not related to observables like education, are the most important source of wage variation in France. Firm-effects, while important, are not as important as person-effects. At the level of firms, we find that enterprises that hire high-wage workers are more productive but not more profitable. They are also more capital and high-skilled employee intensive. Enterprises that pay higher wages, controlling for person-effects, are more productive and more profitable. They are also more capital intensive but are not more high-skilled labor intensive. We also find that person-effects explain 92% of inter-industry wage differentials.
Author : Michael Sattinger
Publisher : Amsterdam ; New York: North-Holland Publishing Company ; New York : sole distributors for the U.S.A. and Canada, Elsevier North-Holland
ISBN 13 :
Total Pages : 308 pages
Book Rating : 4.:/5 (321 download)
Download or read book Capital and the Distribution of Labor Earnings written by Michael Sattinger and published by Amsterdam ; New York: North-Holland Publishing Company ; New York : sole distributors for the U.S.A. and Canada, Elsevier North-Holland. This book was released on 1980 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monograph of economic analysis investigating the impact of capital variables on income distribution and wage differentials (size distribution of wages) in the USA - includes a literature survey, and examines the relation between capital formation, capital intensiveness, technological change, skill, educational level, labour productivity, etc., indicating the relevance of the supply and demand approach. References.
Author : Julio Rotemberg
Publisher :
ISBN 13 :
Total Pages : 54 pages
Book Rating : 4.E/5 ( download)
Download or read book A Theory of Inter-industry Wage Differentials written by Julio Rotemberg and published by . This book was released on 1986 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Gustav Adolph Kleene
Publisher :
ISBN 13 :
Total Pages : 192 pages
Book Rating : 4.A/5 ( download)
Download or read book Profit and Wages written by Gustav Adolph Kleene and published by . This book was released on 1916 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : John Bates Clark
Publisher :
ISBN 13 :
Total Pages : 490 pages
Book Rating : 4.F/5 ( download)
Download or read book The Distribution of Wealth written by John Bates Clark and published by . This book was released on 1899 with total page 490 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : A. J. Julius
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book The Wage-Wage-).).).)-Wage-Profit Relation in a Multisector Bargaining Economy written by A. J. Julius and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The equalization of profit rates across industries subject to firm-level bargaining over wages generates an interindustry wage structure with higher wages in capital-intensive sectors. The familiar inverse wage-profit relation gives way to a wage-wage-).).).)-wage-profit surface on which the profit rate can vary directly with the wage paid in an individual industry. Institutional changes that decrease workers' bargaining power and increase the incomes of the unemployed tend to compress the wage distribution; these changes draw political support from cross-class coalitions of low-wage workers and capital-intensive firms. Some capital-using, labor-saving technical changes that raise capitalists' profits in current prices lower the equilibrium profit rate.
Author :
Publisher :
ISBN 13 :
Total Pages : 24 pages
Book Rating : 4.:/5 (31 download)
Download or read book Multifactor Productivity Trends written by and published by . This book was released on 1995 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Fathi Fakhfakh
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book Basic Wages and Firm Characteristics written by Fathi Fakhfakh and published by . This book was released on 2005 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper shows that firm profits (and losses), and value added, are strongly related to individual hourly basic wages for most employees, as well as to the total earnings measures used previously but correlated with working time. Capital intensity is independently important without reducing the significance of profits, as in other studies. Value added avoids the negative bias implicit in accounting profits, and has a much larger effect on basic wages and earnings in the presence of numerous individual and firm controls.
Author : Aaron Tornell
Publisher :
ISBN 13 :
Total Pages : 28 pages
Book Rating : 4.:/5 (63 download)
Download or read book Wages, Profits and Capital Flight written by Aaron Tornell and published by . This book was released on 1990 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
