Literaturnachweis - Detailanzeige
| Autor/in | Rostker, Bernard Daniel |
|---|---|
| Titel | Manpower Theory and Policy and the Residual Occupational Elasticity of Substitution. |
| Quelle | (1970), (222 Seiten) |
| Dokumenttyp | gedruckt; Monographie |
| Schlagwörter | Economic Research; Employment Level; Labor Economics; Labor Market; Labor Needs; Labor Utilization; Public Policy; Theories; Wages |
| Abstract | By developing the short-run policy implications of a structurally disaggregated labor market, this study attempts to show that fiscal and manpower policies are complementary means to achieve full employment. Using a constant elasticity of substitution production function, the study demonstrates mathematically that the smaller the residual elasticity of substitution of the scarcest occupation, the greater the amount of relative wage change needed to alter the least cost factor mix, and thus the greater the possible need to coordinate policies. Tentative estimates of the residual elasticities indicate a possible scarcity of workers in occupations with low elasticities. A non-market mechanism may be necessary to achieve full employment with flexible prices. (Author/BH) |
| Anmerkungen | National Technical Information Service, Springfield, Virginia 22151 (PB 192 061, MF $.95; See catalog for hardcopy price) |
| Erfasst von | ERIC (Education Resources Information Center), Washington, DC |
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