Myth And Measurement
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Myth And Measurement
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Author : David Card
language : en
Publisher: Princeton University Press
Release Date : 2015-12-22
Myth And Measurement written by David Card and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-12-22 with Business & Economics categories.
From David Card, winner of the Nobel Prize in Economics, and Alan Krueger, a provocative challenge to conventional wisdom about the minimum wage David Card and Alan B. Krueger have already made national news with their pathbreaking research on the minimum wage. Here they present a powerful new challenge to the conventional view that higher minimum wages reduce jobs for low-wage workers. In a work that has important implications for public policy as well as for the direction of economic research, the authors put standard economic theory to the test, using data from a series of recent episodes, including the 1992 increase in New Jersey's minimum wage, the 1988 rise in California's minimum wage, and the 1990–91 increases in the federal minimum wage. In each case they present a battery of evidence showing that increases in the minimum wage lead to increases in pay, but no loss in jobs. A distinctive feature of Card and Krueger's research is the use of empirical methods borrowed from the natural sciences, including comparisons between the "treatment" and "control" groups formed when the minimum wage rises for some workers but not for others. In addition, the authors critically reexamine the previous literature on the minimum wage and find that it, too, lacks support for the claim that a higher minimum wage cuts jobs. Finally, the effects of the minimum wage on family earnings, poverty outcomes, and the stock market valuation of low-wage employers are documented. Overall, this book calls into question the standard model of the labor market that has dominated economists' thinking on the minimum wage. In addition, it will shift the terms of the debate on the minimum wage in Washington and in state legislatures throughout the country. With a new preface discussing new data, Myth and Measurement continues to shift the terms of the debate on the minimum wage.
Myth And Measurement
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Author : David Card
language : en
Publisher: Princeton University Press
Release Date : 1995
Myth And Measurement written by David Card and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with Business & Economics categories.
A powerful new challenge to the conventional view that higher minimum wages reduce jobs for low-wage workers. Using data from recent minimum wage change results, economists David Card and Alan Krueger show that increases in the minimum wage lead to increases in pay, but no loss in jobs.
An Introduction To The Logic Of Psychological Measurement
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Author : Joel Michell
language : en
Publisher: Psychology Press
Release Date : 2014-02-04
An Introduction To The Logic Of Psychological Measurement written by Joel Michell and has been published by Psychology Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-02-04 with Psychology categories.
This book declines to take for granted the widespread assumption that existing psychometric procedures provide scientific measurement. The currently fashionable concepts of measurement within psychology -- operationalism and representationalism -- are critically examined, and the classical view, that measurement is the assessment of quantity, is defended. Within this framework, it is shown how conjoint measurement can be used to test the hypothesis that variables are quantitative. This theme is developed in detail using familiar psychological examples, such as Thurstone's law of comparative judgment, multidimensional scaling, and Coombs' theory of unfolding.
Minimum Wages
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Author : David Neumark
language : en
Publisher: MIT Press
Release Date : 2008
Minimum Wages written by David Neumark and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Income distribution categories.
A comprehensive review of evidence on the effect of minimum wages on employment, skills, wage and income distributions, and longer-term labor market outcomes concludes that the minimum wage is not a good policy tool.
How To Measure Anything
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Author : Douglas W. Hubbard
language : en
Publisher: John Wiley & Sons
Release Date : 2007-08-03
How To Measure Anything written by Douglas W. Hubbard and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-08-03 with Business & Economics categories.
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The Myth Of Measurement
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Author : Nick Frost
language : en
Publisher:
Release Date : 2021
The Myth Of Measurement written by Nick Frost and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021 with Organizational change categories.
In the public sector inspection regimes and performance targets provide a powerful and dominant narrative, often placing pressure on professionals and organisations to continuously quantify the quality of services and to achieve targets. This book explores the background, development, techniques and impact of such regimes across areas of the public sector including schools, universities, police forces, children's services and health services. Putting inspection and audit regimes under scrutiny, the author questions their role and function across these organisations and builds a persuasive critical argument for the re-thinking of public accountability mechanisms and techniques.
The Seductions Of Quantification
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Author : Sally Engle Merry
language : en
Publisher: University of Chicago Press
Release Date : 2016-06-10
The Seductions Of Quantification written by Sally Engle Merry and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-06-10 with Social Science categories.
We live in a world where seemingly everything can be measured. We rely on indicators to translate social phenomena into simple, quantified terms, which in turn can be used to guide individuals, organizations, and governments in establishing policy. Yet counting things requires finding a way to make them comparable. And in the process of translating the confusion of social life into neat categories, we inevitably strip it of context and meaning—and risk hiding or distorting as much as we reveal. With The Seductions of Quantification, leading legal anthropologist Sally Engle Merry investigates the techniques by which information is gathered and analyzed in the production of global indicators on human rights, gender violence, and sex trafficking. Although such numbers convey an aura of objective truth and scientific validity, Merry argues persuasively that measurement systems constitute a form of power by incorporating theories about social change in their design but rarely explicitly acknowledging them. For instance, the US State Department’s Trafficking in Persons Report, which ranks countries in terms of their compliance with antitrafficking activities, assumes that prosecuting traffickers as criminals is an effective corrective strategy—overlooking cultures where women and children are frequently sold by their own families. As Merry shows, indicators are indeed seductive in their promise of providing concrete knowledge about how the world works, but they are implemented most successfully when paired with context-rich qualitative accounts grounded in local knowledge.
Monopsony In Motion
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Author : Alan Manning
language : en
Publisher: Princeton University Press
Release Date : 2013-12-03
Monopsony In Motion written by Alan Manning and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-12-03 with Business & Economics categories.
What happens if an employer cuts wages by one cent? Much of labor economics is built on the assumption that all the workers will quit immediately. Here, Alan Manning mounts a systematic challenge to the standard model of perfect competition. Monopsony in Motion stands apart by analyzing labor markets from the real-world perspective that employers have significant market (or monopsony) power over their workers. Arguing that this power derives from frictions in the labor market that make it time-consuming and costly for workers to change jobs, Manning re-examines much of labor economics based on this alternative and equally plausible assumption. The book addresses the theoretical implications of monopsony and presents a wealth of empirical evidence. Our understanding of the distribution of wages, unemployment, and human capital can all be improved by recognizing that employers have some monopsony power over their workers. Also considered are policy issues including the minimum wage, equal pay legislation, and caps on working hours. In a monopsonistic labor market, concludes Manning, the "free" market can no longer be sustained as an ideal and labor economists need to be more open-minded in their evaluation of labor market policies. Monopsony in Motion will represent for some a new fundamental text in the advanced study of labor economics, and for others, an invaluable alternative perspective that henceforth must be taken into account in any serious consideration of the subject.
The Myth Of Resource Efficiency
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Author : John M. Polimeni
language : en
Publisher: Routledge
Release Date : 2015-12-08
The Myth Of Resource Efficiency written by John M. Polimeni and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-12-08 with Business & Economics categories.
'The Jevons Paradox', which was first expressed in 1865 by William Stanley Jevons in relation to use of coal, states that an increase in efficiency in using a resource leads to increased use of that resource rather than to a reduction. This has subsequently been proved to apply not just to fossil fuels, but other resource use scenarios. For example, doubling the efficiency of food production per hectare over the last 50 years (due to the Green Revolution) did not solve the problem of hunger. The increase in efficiency increased production and worsened hunger because of the resulting increase in population. The implications of this in today's world are substantial. Many scientists and policymakers argue that future technological innovations will reduce consumption of resources; the Jevons Paradox explains why this may be a false hope. This is the first book to provide a historical overview of the Jevons Paradox, provide evidence for its existence and apply it to complex systems. Written and edited by world experts in the fields of economics, ecological economics, technology and the environment, it explains the myth of efficiency and explores its implications for resource usage (particularly oil). It is a must-read for policymakers, natural resource managers, academics and students concerned with the effects of efficiency on resource use.
How To Measure Anything
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Author : Douglas W. Hubbard
language : en
Publisher: Wiley
Release Date : 2010-03-25
How To Measure Anything written by Douglas W. Hubbard and has been published by Wiley this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-03-25 with Business & Economics categories.
Now updated with new research and even more intuitive explanations, a demystifying explanation of how managers can inform themselves to make less risky, more profitable business decisions This insightful and eloquent book will show you how to measure those things in your own business that, until now, you may have considered "immeasurable," including customer satisfaction, organizational flexibility, technology risk, and technology ROI. Adds even more intuitive explanations of powerful measurement methods and shows how they can be applied to areas such as risk management and customer satisfaction Continues to boldly assert that any perception of "immeasurability" is based on certain popular misconceptions about measurement and measurement methods Shows the common reasoning for calling something immeasurable, and sets out to correct those ideas Offers practical methods for measuring a variety of "intangibles" Adds recent research, especially in regards to methods that seem like measurement, but are in fact a kind of "placebo effect" for management – and explains how to tell effective methods from management mythology Written by recognized expert Douglas Hubbard-creator of Applied Information Economics-How to Measure Anything, Second Edition illustrates how the author has used his approach across various industries and how any problem, no matter how difficult, ill defined, or uncertain can lend itself to measurement using proven methods.