A Classical Approach to Occupational Wage Rates - Couverture rigide

Gleicher, David; Green, Rodney; Stevens, Lonnie

 
9780275932237: A Classical Approach to Occupational Wage Rates
Couverture rigide
ISBN 10 : 0275932230 ISBN 13 : 9780275932237
Editeur : Praeger Publishers Inc, 1991

Synopsis

David Gleicher and Lonnie Stevans present a theory of occupational wage rates that is a classical alternative to human capital theory. They introduce the net employment reserve, a novel explanatory variable that measures the bargaining power of employees in an occupation. An econometric model which includes net reserves is designed and tested. Results suggest standard empirical tests of human capital theory are misspecified. Other topics include: the origin of the firm, screening hypothesis, wage-efficiency, internal labor markets, and labor-market segmentation. This work offers insight into the theoretical and econometric modeling of labor specialization, as well as wage-rate differentials among occupations. It addresses researchers and graduate students in labor economics, classical price theory, and general political economy.

Gleicher and Stevans design an empirical study of the determination of occupational wage-rates, testing the net reserve against other hypothesized variables. Their first two chapters model relative wage rates within a broad classical conception: a simple model of relative prices is extended by incorporating relative wage rates according to occupation and training services. (The authors discuss the implications of these extensions with regard to the labor theory of value.) A testable hypothesis is put forth in Chapters 3 and 4. The fifth and final chapter presents econometric results.

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À propos de l?auteur

Dr. DAVID GLEICHER is an Associate Professor of Economics at Adelphi University. The coauthor of Plan and Market in Socialist Economies (in Italian), Dr. Gleicher has written extensively for scholarly journals.

Dr. LONNIE STEVANS is an Assistant Professor of Quantitative Methods in the School of Business at Hofstra University. Dr. Stevans' articles have been published in the Journal of Post-Keynesian Economics, Atlantic Economic Journal, and Work and Occupation, among others.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
Praeger Publishers Inc
Date d'édition
1991
Langue
anglais
ISBN 10 
0275932230
ISBN 13 
9780275932237
Reliure
Relié
Nombre de pages
168
Coordonnées du fabricant
non disponible
Personne responsable
gpsr@libri.de
gpsr@libri.de

Friedensallee 273
Hamburg
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Allemagne