التفاصيل البيبلوغرافية
| العنوان: |
AN OPTIMAL UNEMPLOYMENT RATE. |
| المؤلفون: |
Dobell, A. R.1, Ho, Y. C.1 |
| المصدر: |
Quarterly Journal of Economics. Nov67, Vol. 81 Issue 4, p675-683. 9p. |
| مصطلحات موضوعية: |
Capital costs, Cost, Capital investments, Occupational training, Employee training, Career education |
| مستخلص: |
This article describes a model of capital cost of occupational training. Thus, in an extension of standard optimal accumulation models, we do find a criterion which tells us when increasing the employment rate would lead to lower consumption per capita and, in this model, a lower rate of growth. Qualifying people to enter employment costs resources and probably more resources the higher is the present employment rate. Since, however, the cost is in the nature of a capital cost, and the benefits more like flows, care has to be taken to ensure that the asset evaluations are correctly made. |
| قاعدة البيانات: |
Finance Source |
