The American Economic Review, Volume 85,Edições 1-3American Economic Association, 1995 |
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Página 110
... capital or raw labor as collateral and that foreigners cannot own domestic human capital or raw labor . We are , in particular , ruling out any interna- tional migration of labor . " There are various ways to motivate the borrowing ...
... capital or raw labor as collateral and that foreigners cannot own domestic human capital or raw labor . We are , in particular , ruling out any interna- tional migration of labor . " There are various ways to motivate the borrowing ...
Página 113
... capital in output . Since the collateral for foreign borrowing is likely to be less than the quantity of physical capital , it may be better to assume a smaller value of a . For example , if a = 0.2 and 7 = 0.6 , so that a / ( a + n ) ...
... capital in output . Since the collateral for foreign borrowing is likely to be less than the quantity of physical capital , it may be better to assume a smaller value of a . For example , if a = 0.2 and 7 = 0.6 , so that a / ( a + n ) ...
Página 121
... capital . All output is exhausted in compensating that factor , since we MN = Y. II . Human - Capital Accumulation Individuals can accumulate human capital by allocating current time to learning . Fam- ily production of human capital ...
... capital . All output is exhausted in compensating that factor , since we MN = Y. II . Human - Capital Accumulation Individuals can accumulate human capital by allocating current time to learning . Fam- ily production of human capital ...
Índice
Evidence? | 17 |
Dan Kovenock and Gordon Phillips | 403 |
The Effect of Institutions on Economic Behavior | 409 |
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