TY - JOUR
T1 - On the multicapablity theory of income instribution
AU - Hartog, Joop
N1 - Copyright:
Copyright 2014 Elsevier B.V., All rights reserved.
PY - 1977
Y1 - 1977
N2 - This paper presents the essential elements of the multicapability theory of inco-me distribution. This theory tries to understand a nurmber of labor market phenomena by decomposing labor services into those srising from a number of different capabilities. It explains job wage rates from prices of capabilites and the shape of the income distribution form assumptions on the distribution of capabilities and on labor supply behavior. Empirical support for the theory is also outlined.
AB - This paper presents the essential elements of the multicapability theory of inco-me distribution. This theory tries to understand a nurmber of labor market phenomena by decomposing labor services into those srising from a number of different capabilities. It explains job wage rates from prices of capabilites and the shape of the income distribution form assumptions on the distribution of capabilities and on labor supply behavior. Empirical support for the theory is also outlined.
UR - http://www.scopus.com/inward/record.url?scp=58149408233&partnerID=8YFLogxK
U2 - 10.1016/S0014-2921(77)80012-3
DO - 10.1016/S0014-2921(77)80012-3
M3 - Article
AN - SCOPUS:58149408233
SN - 0014-2921
VL - 10
SP - 157
EP - 171
JO - European Economic Review
JF - European Economic Review
IS - 2
ER -