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Capital Management Effort: Theory and Applications
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Capital Management Effort: Theory and Applications Hardcover - 2004

by James A. Yunker


From the publisher

Traditional economic theory identifies two primary factors provided by the household: labour (L) and saving (S). In this innovative new study, James A. Yunker proposes an ELS model that adds a third primary factor: capital management effort (E), defined as any and all active behaviour (such as corporate supervision) that increases return on the household's financial capital. Arguing that capital management effort is no less tangible and measurable than labour, Yunker applies the ELS model to demonstrate the critical importance of this concept to such controversial issues as the economic consequences of capital wealth inequality and the potential performance of market socialist economies. This book will be valuable to economic theoreticians and policy analysts with an interest in any of the following topics: theory of the household, supply of labour and saving, computable general equilibrium models, wealth and income distribution, economic policy analysis, entrepreneurship, optimal taxation, and/or market socialism.

First line

For the great majority of the people in an advanced, industrialized economy such as that of the United States, household income is dominated by labor income, typically described as "wage and salary income" or "employee compensation."

Details

  • Title Capital Management Effort: Theory and Applications
  • Author James A. Yunker
  • Binding Hardcover
  • Pages 282
  • Volumes 1
  • Language ENG
  • Publisher Routledge
  • Date April 2004
  • Illustrated Yes
  • ISBN 9780754641339 / 0754641333
  • Library of Congress subjects Capitalism, Wealth
  • Library of Congress Catalog Number 2003062699
  • Dewey Decimal Code 332.041

About the author

James A. Yunker is Professor of Economics at Western Illinois University, USA.
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Capital Management Effort: Theory and Applications

Capital Management Effort: Theory and Applications

by James A. Yunker

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CAPITAL MANAGEMENT EFFORT
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CAPITAL MANAGEMENT EFFORT

by YUNKER

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CAPITAL MANAGEMENT EFFORT
Stock Photo: Cover May Be Different

CAPITAL MANAGEMENT EFFORT

by YUNKER

  • New
  • Hardcover
Condition
New
Binding
Hardcover
ISBN 10 / ISBN 13
9780754641339 / 0754641333
Quantity Available
1
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New Delhi, Andaman and Nicobar Islands, India
Seller rating:
This seller has earned a 4 of 5 Stars rating from Biblio customers.
Item Price
NZ$289.88
NZ$25.52 shipping to USA

Show Details

Description:
ASHGATE, 2004. Hardcover. New.
Item Price
NZ$289.88
NZ$25.52 shipping to USA