作者:Teal, F
作者单位:University of Oxford
摘要:The potential sources of rent to labour in a developing country urban labour market are considered in this paper. The data set used enables the relative importance of unions, firm size, profitability, ownership and firm age to be assessed on the basis of cross-section evidence. It is shown that all these factors affect earnings. A panel data based estimation of the importance of the profitability term provides strong support for a rent sharing theory of wage determination in a developing count...
作者:GERRARD, B
摘要:Mainstream interpretations of Keynes's General Theory are surveyed. An alternative post-classical interpretation is proposed. Keynes is interpreted as treating classical theory as the valid theory of allocation but this type of theory is of limited relevance for macro analysis. The productive sector is characterised by the utilisation mode of activity regulated by the non-allocative multiplier process. However the financial sector is allocative and Keynes proposed the allocative theory of liqu...