Titlebook: Capabilities, Allocation and Earnings; Joop Hartog Book 1992 Springer Science+Business Media New York 1992 earnings.education.labor market

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Schooling and Supply,he nature of the predicted supply decisions will of course depend on the conditions used for structuring the model. If individuals are earnings maximizers, if there is a relevant set of characteristics that each carry a positive price (i.e., increasing rewards for higher levels of the characteristic

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Equilibrium and Optimum,rements that the jobs impose. It is now time to take a look at the confrontation of these two decompositions and consider how equilibrium may come about. This will be done by adapting a general specification of an equilibrium from Lucas (1977) and a specific (and elegant) specification due to Tinber

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Implications for Empirical Work,lities and from differences in the economic value with which they can be put to use. In short, an analysis of allocating heterogeneous workers to heterogeneous jobs. The development has aimed at specifying a theoretical structure useful for understanding labor market events. In this chapter, the tra

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Earnings, distribution of demand are just as important. It is time now to turn to empirical work to substantiate this thesis. This will be done by first testing for the relevance of job level in earnings functions (and comparing specifications) and then search for the earnings function that properly brings o

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Applications, Conclusions Extensions,can be done, both theoretically and empirically, but this chapter is the concluding one. It will briefly indicate two more applications, one to the analyses of the position of ethnic minorities in The Netherlands and one to observed schooling choices. After that, the accomplishments of this book wil

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Chris Binns,José Angel de Toro,Peter Normileecomposed into services arising from different capabilities. Individuals were supposed to command stocks of capabilities and to decide on the utilization rates of these capabilities, by balancing efforts and rewards. The optimal capability bundle they so defined was to be realized by picking the job

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