Human Capital and the Personal Distribution of Income: An Analytical ApproachInstitute of Public Administration, 1967 - Počet stran: 49 |
Obsah
INTRODUCTION | 1 |
THE DISTRIBUTION OF EARNINGS | 12 |
SOME APPLICATIONS | 27 |
Autorská práva | |
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Další vydání - Zobrazit všechny
Human Capital and the Personal Distribution of Income: An Analytical Approach Gary Stanley Becker Zobrazení fragmentů - 1967 |
Human Capital and the Personal Distribution of Income: An Analytical Approach Gary Stanley Becker Zobrazení fragmentů - 1967 |
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abler persons amount invested analysis approach assumed assumption average rate capital invested dollars capital is accumulated Chiswick constant elasticity cost of funds curves of funds decline demand conditions differences in capacities distributed and skewed distribution of earnings Distribution of Income earnings and investments economic efficiency egalitarian elasticities of supply elite equal opportunities equality of opportunity equation equilibrium example f₁ Figure financing costs greater Human capital invested income distribution increase inequality in earnings inheritance input investment in human investment period investors labor force period later investments long-tailed distribution marginal benefits marginal cost marginal financing marginal rates measured earnings ment meritocracy normal distribution optimal Personal Distribution persons investing physical capital positive correlation producing human capital progressive tax property income rates of return reduce the inequality schooling skewed distribution subsidies supply and demand supply curves Tawney tend tion total investment unequal and skewed unequally distributed