On the Cost of Capital, Profits and the Diffusion of Ideas PDF Download
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Author:
Publisher:
ISBN: 9789179111229
Category :
Languages : en
Pages :
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Author:
Publisher:
ISBN: 9789179111229
Category :
Languages : en
Pages :
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Author: Karl Marx
Publisher: Good Press
ISBN:
Category : Fiction
Languages : en
Pages : 61
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Book Description
"Wage-Labour and Capital" was derived from Marx's lectures to the German Workmen's Club of Brussels in 1847, during a period of great political upheaval. The relationship between wage labor and capital is a central concept in Marx's political economy analysis. This book is essential for understanding the evolution of Marxist theory.
Author: Philipp Hergovich
Publisher:
ISBN:
Category : Corporate profits
Languages : en
Pages : 42
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Book Description
The capital-to-labor ratio has steadily risen in the U.S. and elsewhere during the post-WWII period. Since the 1970s this rise has been accompanied by a rise in the level and variability of corporate profits whereas the labor share of income has declined. In this paper we ask whether these trends are related in that they can be explained by a common determinant such as the observed decline in the relative price of new capital goods, or the change in production technology towards increased substitutability between capital and labor. We use a dynamic stochastic equilibrium model of competitive search in the labor market augmented by a CES production function that allows firms to substitute between capital and labor at varying degrees. By assumption, firms can adjust capital more easily than labor. Profits arise from rents paid to quasi-fixed factors of production. We find that the declining relative price of capital and the increase in factor substitutability each causes the capital-to-labor ratio and corporate profits to rise, but only increased factor substitutability generates the observed decrease in the labor share of income and increases the relative variability of profits.
Author: David Collins Reid
Publisher:
ISBN:
Category : Profit
Languages : en
Pages : 232
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Author: Wilbur G. Lewellen
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 148
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Book Description
![Considerations on the Accumulation of Capital and its Effects on Profits and on Exchangeable Value. [By John Cazenove.] PDF](https://books.google.com/books/content/images/frontcover/wp1VAAAAcAAJ?fife=w80-h100)
Author: John Cazenove
Publisher:
ISBN:
Category : Capital
Languages : en
Pages : 76
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Book Description
Author: Palle Schelde Andersen
Publisher:
ISBN:
Category : Capital costs
Languages : en
Pages : 52
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Author: Jonathan Haskel
Publisher: Princeton University Press
ISBN: 0691183295
Category : Business & Economics
Languages : en
Pages : 292
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Book Description
Early in the twenty-first century, a quiet revolution occurred. For the first time, the major developed economies began to invest more in intangible assets, like design, branding, and software, than in tangible assets, like machinery, buildings, and computers. For all sorts of businesses, the ability to deploy assets that one can neither see nor touch is increasingly the main source of long-term success. But this is not just a familiar story of the so-called new economy. Capitalism without Capital shows that the growing importance of intangible assets has also played a role in some of the larger economic changes of the past decade, including the growth in economic inequality and the stagnation of productivity. Jonathan Haskel and Stian Westlake explore the unusual economic characteristics of intangible investment and discuss how an economy rich in intangibles is fundamentally different from one based on tangibles. Capitalism without Capital concludes by outlining how managers, investors, and policymakers can exploit the characteristics of an intangible age to grow their businesses, portfolios, and economies.
Author: United States. Internal Revenue Service
Publisher:
ISBN:
Category : Corporations
Languages : en
Pages : 332
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Author: Karl Marx
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 138
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Book Description
