EMPLOYMENT POLICY FOR AN INVENTORY-HOLDING LABOR-MANAGED FIRM

被引:0
|
作者
ABEL, I
BONIN, JP
机构
[1] Dept. of Business Economics, University of Economics, Budapest
[2] Dept. of Economics, Wesleyan University, Middletown
来源
关键词
D O I
10.1016/0167-188X(90)90018-D
中图分类号
T [工业技术];
学科分类号
08 ;
摘要
Employment in the dividend-maximizing firm responds inversly to an increase in product price. The inclusion of inventories with the corresponding adjustments in dividend renders this response ambiguous. When inventories are included, the response to an increase infixed cost becomes less pronounced. © 1990.
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页码:3 / 9
页数:7
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