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- ...he labor-hours demanded by all employers in total is the market demand for labor. The [[long-run]] labor demand function of a [[Perfect competition|competitive firm]] is determined ...5 KB (857 words) - 15:23, 3 March 2021
- '''Direct labor cost''' is a part of wage-bill or payroll that can be specifically and cons ==Determination of the direct labor cost== ...2 KB (313 words) - 21:52, 29 January 2025
- ...description|Change in output that results from employing an added unit of labor}} ...oduction function]] and depends on the amounts of [[physical capital]] and labor already in use. ...16 KB (2,483 words) - 04:38, 3 December 2024
- ...mizes his utility: <math>u(a+b n l , l)</math>. These decisions define the labor supply as a function of the tax parameters ''a'' and ''b''. ...nce Direct]] |isbn=9780444537591 |volume=5 |pages=391–474 |chapter=Optimal Labor Income Taxation |doi=10.1016/B978-0-444-53759-1.00007-8|s2cid=3472836 }}</r ...10 KB (1,526 words) - 22:08, 16 February 2025
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- '''Direct labor cost''' is a part of wage-bill or payroll that can be specifically and cons ==Determination of the direct labor cost== ...2 KB (313 words) - 21:52, 29 January 2025
- ...he labor-hours demanded by all employers in total is the market demand for labor. The [[long-run]] labor demand function of a [[Perfect competition|competitive firm]] is determined ...5 KB (857 words) - 15:23, 3 March 2021
- ...nicknamed the "Hollywood double strike" after the actors' guild declared a labor strike in July of that year, joining the writers' guilds who had gone on st ...1 KB (179 words) - 09:51, 12 October 2023
- ...hat allows to parameterize the strength of short-run wealth effects on the labor supply, originally developed by Nir Jaimovich and [[Sergio Rebelo]] in thei ...ing to the original [[GHH preferences]], in which the wealth effect on the labor supply is completely shut off. ...4 KB (617 words) - 16:44, 24 September 2023
- * Reduce labor-intensive diagnostic evaluation Labor-intensive [[planned maintenance]] began during the rise of the [[Industrial ...5 KB (674 words) - 14:41, 30 April 2023
- ...finite time endowment, balanced growth together with an optimal choice of labor by the agents implies that [[income effect|income]] and [[substitution effe ...} use the shortcut of introducing a scaling factor containing the level of labor augmenting technology before the leisure term. An example of such a utility ...5 KB (701 words) - 12:16, 16 March 2023
- ...oling, Experience, and Earnings''"] in ''Jacob Mincer: A Pioneer of Modern Labor Economics'', Shoshanna Grossbard, ed., Springer: New York. pp. 127–145.</re ...| first1 = Sherwin | year = 1992 | title = Distinguished Fellow: Mincering Labor Economics | journal = [[Journal of Economic Perspectives]] | volume = 6 | i ...4 KB (603 words) - 23:43, 12 May 2023
- *Hamermesh, Daniel S., ''Labor Demand'', Princeton University Press, Princeton NJ, 1993, {{ISBN|0-691-0258 ...939 bytes (112 words) - 01:36, 4 April 2020
- Search and matching theory has been especially influential in [[labor economics]], where it has been used to describe the formation of new jobs. ...orthwestern University]]. A textbook treatment of the matching approach to labor markets is [[Christopher A. Pissarides]]' book ''Equilibrium Unemployment T ...7 KB (1,051 words) - 14:24, 13 July 2024
- * Both economies undergo complete [[division of labor|specialization]] ...m, where n is population growth and m is growth of [[technological change|labor-augmenting technical progress]], as per the [[Exogenous growth model|Solow- ...6 KB (946 words) - 21:58, 20 October 2024
- ...description|Change in output that results from employing an added unit of labor}} ...oduction function]] and depends on the amounts of [[physical capital]] and labor already in use. ...16 KB (2,483 words) - 04:38, 3 December 2024
- ...cally, an economy in which individuals are endowed with [[human capital]]: labor income of varying size relative to their nonlabor income.<ref>Mayers, D., 1 ...ortfolio; the latter also includes human capital (as measured by aggregate labor income). This causes the results to differ in two respects. ...8 KB (1,289 words) - 22:56, 15 February 2024
- ...as a scalar on labor (i.e. <math>Y = F(K,AL)</math>) a property known as [[labor-augmenting]] or [[Harrod neutral|Harrod-neutral]] technological change. ...that cannot represent the effect of technology as a scalar augmentation of labor cannot produce a balanced growth path.<ref name="Jones & Scrimgeour" /> ...8 KB (1,457 words) - 04:19, 21 December 2024
- ...s are one of the most researched and analyzed issues in [[Labour economics|labor economics]].<ref name=autogenerated6>{{usurped|1=[https://web.archive.org/w ...ld rather work a union job than a non-union job.<ref>{{cite journal |title=Labor Market Segmentation and the Union Wage Premium |first1=William T. |last1=Di ...11 KB (1,604 words) - 23:17, 15 February 2025
- ...tain year), multiplied by 100. Raw materials, products and energy prices, labor and construction costs change at different rates, and plant construction co ...data or through published indexes, like those published by the [[Bureau of Labor Statistics]] (BLS).<ref>Humphreys, K. K., 2005. Project and Cost Engineers' ...9 KB (1,360 words) - 10:20, 19 August 2023
- ...''A'' represents [[total factor productivity]], ''K'' is capital, ''L'' is labor, and the parameter <math>a</math> measures the [[output elasticity]] of cap <math>L</math> = labor force <br> ...5 KB (802 words) - 18:21, 15 November 2023
- ...rnal |last=Oaxaca |first=R. |title=Male-Female Wage Differentials in Urban Labor Markets |journal=[[International Economic Review]] |year=1973 |volume=14 |i ...e |date =January 30, 2015|url=https://ocw.mit.edu/courses/economics/14-662-labor-economics-ii-spring-2015/lecture-notes/MIT14_662S15_lecnotes1.pdf }} ...8 KB (1,072 words) - 21:08, 24 January 2025
- ...of production, [[capital (economics)|capital]] (K), and [[labor economics|labor]] (L), mostly for heuristic purposes. These functions and their properties * Harrod-neutral technology, or "labor augmenting": <math>\ Y = F(K,AL)</math> ...6 KB (921 words) - 05:11, 24 May 2024
- ...already high) there is upward pressure on wages and vice versa in a 'lax' labor market. ...n each region. For example, the north-western region (high employment, low labor's share in output) the economy is moving north-east (employment is rising, ...7 KB (1,144 words) - 16:45, 24 September 2023
- ...ous example by [[James Heckman]] and [[Bo Honoré]] who study [[labor force|labor market participation]] using the Roy model, where the choice equation leads ...4 KB (679 words) - 13:32, 12 February 2024