Diminishing Returns At Work

Author : John H. Pencavel
Publisher : Oxford University Press
ISBN 13 : 0190876166
Total Pages : 273 pages
Book Rating : 4.66/5 ( download)

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Download or read book Diminishing Returns at Work written by John H. Pencavel and published by Oxford University Press. This book was released on 2018 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: Machine generated contents note: -- I. Introduction: Why Working Hours? -- II. A Brief History of Working Hours -- III. Conceptual Framework -- IV. Estimates of Production Functions -- V. Further Implications of the Augmented Production Functions -- VI. Hours of Work, Health, and Well-Being -- VII. The Association between Working Hours and Hourly Earnings -- VIII. Concluding Notes

Author : John H. Pencavel
Publisher : Oxford University Press
ISBN 13 : 0190876182
Total Pages : 256 pages
Book Rating : 4.80/5 ( download)

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Download or read book Diminishing Returns at Work written by John H. Pencavel and published by Oxford University Press. This book was released on 2018-05-17 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: The relationship between the number of hours worked and productivity has long fascinated economists and management. It is a central component of the production function that translates inputs to outputs. While increasing the number of hours someone works may increase output, this incisive book demonstrates that there are diminishing returns to long working hours. John H. Pencavel provides an overview of how the length of working hours evolved from the 19th century to today and how the number of working hours affects work performance and other outcomes, including health, well-being, and wages. Diminishing Returns at Work provides a brief history of working hours both in the United States and Britain, including the influence of trade unions pushing for shorter hours of work, the tension with employers who resisted reducing hours, and the influence of legislation and custom. Pencavel discusses various conceptual frameworks for specifying production functions that measure the relationship between inputs and outputs and develops an alternative approach to estimate actual relationships through a reevaluation of classic studies, including the productivity of munitions workers in Britain during the First and Second World Wars and plywood mills in Washington during the 1980s among others. The declining effectiveness of long hours is manifested not only in marketable output but also in a rising probability of ill-health and accidents, and evidence of this has been found both for blue-collar workers and for white-collar workers. In short, shorter hours of work might benefit both firms and workers.

Author :
Publisher : Oxford University Press
ISBN 13 : 0197607888
Total Pages : 561 pages
Book Rating : 4.86/5 ( download)

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Download or read book Diminishing Returns written by and published by Oxford University Press. This book was released on 2022-07-01 with total page 561 pages. Available in PDF, EPUB and Kindle. Book excerpt: A set of state of the art empirical analyses at the country, regional, and global level that work from a new theoretical framework that analyzes the politics of growth and stagnation. As highlighted by the recent debate on 'secular stagnation,' economic growth has slowed down considerably, and this has given rise to a host of new problems, from financial instability to the collapse of mainstream parties. What happens when growththe main mechanism of capitalist legitimationis harder to come by and less broadly shared? And how should we think about capitalist diversity in the context of global stagnation? In Diminishing Returns, Lucio Baccaro, Mark Blyth, and Jonas Pontusson address these questions by bringing together a number of comparative and international political economists with expertise across many different countries and regions. Going beyond the methodological nationalism common in most comparative research, each author departs from a common theoretical framework, the Growth Model Perspective, and contributes to develop it further. The outcome is a new theoretical framework to help social scientists, policymakers, and opinion makers, understand the politics of growth and stagnation, which offers state of the art empirical analyses at the country, regional, and global level.

Author : 50MINUTES,
Publisher : 50 Minutes
ISBN 13 : 280626670X
Total Pages : 29 pages
Book Rating : 4.05/5 ( download)

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Download or read book The Law of Diminishing Returns: Theory and Applications written by 50MINUTES, and published by 50 Minutes. This book was released on 2015-09-02 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understand the fundamentals of economic productivity This book is a practical and accessible guide to understanding diminishing returns, providing you with the essential information and saving time. In 50 minutes you will be able to: • Understand the theory of diminishing returns and the effects caused by changes in the production process • Analyze the recent interpretations and developments of the theory, and how they can be applied to the current economy • Identify how you can use the theory to avoid diminishing returns in your production through constant innovation ABOUT 50MINUTES.COM | Management & Marketing 50MINUTES.COM provides the tools to quickly understand the main theories and concepts that shape the economic world of today. Our publications are easy to use and they will save you time. They provide elements of theory and case studies, making them excellent guides to understand key concepts in just a few minutes. In fact, they are the starting point to take action and push your business to the next level.

Author : César Aira
Publisher : New Directions Publishing
ISBN 13 : 0811229068
Total Pages : 128 pages
Book Rating : 4.67/5 ( download)

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Download or read book Birthday written by César Aira and published by New Directions Publishing. This book was released on 2019-02-26 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: Birthday is among the very best of Aira—it will surprise readers new to his work, and will deeply satisfy his many fans Before you know it you are no longer young, and by the way, while you were thinking about other things, the world was changing—and then, just as suddenly you realize that you are fifty years old. Aira had anticipated his fiftieth—a time when he would not so much recall years past as look forward to what lies ahead—but the birthday came and went without much ado. It was only months later, while having a somewhat banal conversation with his wife about the phases of the moon, that he realized how little he really knows about his life. In Birthday Aira searches for the events that were significant to him during his first fifty years. Between anecdotes ,and memories, the author ponders the origins of his personal truths, and meditates on literature meant as much for the writer as for the reader, on ignorance, knowledge, and death. Finally, Birthday is a little sad, in a serene, crystal-clear kind of way, which makes it even more irresistible.

Author : Annie McKee
Publisher : Harvard Business Press
ISBN 13 : 1633696812
Total Pages : 153 pages
Book Rating : 4.15/5 ( download)

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Download or read book How to Be Happy at Work written by Annie McKee and published by Harvard Business Press. This book was released on 2018-08-21 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: Life's too short to be unhappy at work "I'm working harder than I ever have, and I don't know if it's worth it anymore." If you're a manager or leader, these words have probably run through your mind. So many of us are feeling fed up, burned out, and unhappy at work: the constant pressure and stress, the unending changes, the politics--people feel as though they can't give much more, and performance is suffering. But it's work, after all, right? Should we even expect to be fulfilled and happy at work? Yes, we should, says Annie McKee, coauthor of the bestselling Primal Leadership. In her new transformative book, she makes the most compelling case yet that happiness--and the full engagement that comes with it--is more important than ever in today's workplace, and she sheds new light on the powerful relationship of happiness to individual, team, and organizational success. Based on extensive research and decades of experience with leaders, this book reveals that people must have three essential elements in order to be happy at work: A sense of purpose and the chance to contribute to something bigger than themselves A vision that is powerful and personal, creating a real sense of hope Resonant, friendly relationships With vivid and moving real-life stories, the book shows how leaders can use these powerful pillars to create and sustain happiness even when they're under pressure. By emphasizing purpose, hope, and friendships they can also ensure a healthy, positive climate for their teams and throughout the organization. How to Be Happy at Work deepens our understanding of what it means to be truly fulfilled and effective at work and provides clear, practical advice and instruction for how to get there--no matter what job you have.

Author : Richard Polak
Publisher : Simon and Schuster
ISBN 13 : 1510759832
Total Pages : 176 pages
Book Rating : 4.31/5 ( download)

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Download or read book Work Smart Now written by Richard Polak and published by Simon and Schuster. This book was released on 2021-04-20 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: From one of the top HR specialists in the world comes this much-needed guide to help people maximize productivity and increase revenue. Whether it’s in corporate America or in our own living rooms, people are wasting time. From the minute we wake up and check our Facebook page or emails—before we even crawl out of bed—to late at night when we stay up longer than we should, watching our favorite show. There’s a precise moment that falls between working enough hours to be productive and working too many hours, yielding a diminishing marginal return. The difference between the person able to master this and most Americans that fail miserably at it is quality of life! If one continues to work past this moment, a negative return will ensue, and that negative return produces guilt. It lowers the amount of time for recreational activities and spending time with family. We’ve siloed productivity to our work life, however; the impact on our personal life is often loss. An alarming 39% of workers in high-tech companies believe they are depressed, as reported by PC Magazine in December 2018. 72% of people who have daily stress and anxiety say it interferes with their lives—anxiety and stress alone have reduced productivity by 56%. More than 80% of people have experienced some form of anxiety, stress, or depression in the workplace. People are spending more time at work than at home or with their loved ones; or, if they are at home, they are working. They are always “on.” As a result of this disparity, people are not fully living their lives. And the “work-life balance” marketed by some HR consulting firms and employers simply does not work. It’s all work and no life! Studies have also proven that when people are unhappy in their personal lives or careers, their productivity goes down and everything and everyone around them suffers. This causes a domino effect, which trickles into every area of their lives. Previous generations used to say, “Work harder,” but we’ve now learned we must “work smarter.” Polak has practiced and tested his methods in hundreds of opportunities and has been paid millions by the largest corporations in the world to share these tools. He feels that every individual and business should have these tools, and will share them with us here.

Author : Karen Ho
Publisher : Duke University Press
ISBN 13 : 0822391376
Total Pages : 390 pages
Book Rating : 4.71/5 ( download)

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Download or read book Liquidated written by Karen Ho and published by Duke University Press. This book was released on 2009-07-13 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial collapses—whether of the junk bond market, the Internet bubble, or the highly leveraged housing market—are often explained as the inevitable result of market cycles: What goes up must come down. In Liquidated, Karen Ho punctures the aura of the abstract, all-powerful market to show how financial markets, and particularly booms and busts, are constructed. Through an in-depth investigation into the everyday experiences and ideologies of Wall Street investment bankers, Ho describes how a financially dominant but highly unstable market system is understood, justified, and produced through the restructuring of corporations and the larger economy. Ho, who worked at an investment bank herself, argues that bankers’ approaches to financial markets and corporate America are inseparable from the structures and strategies of their workplaces. Her ethnographic analysis of those workplaces is filled with the voices of stressed first-year associates, overworked and alienated analysts, undergraduates eager to be hired, and seasoned managing directors. Recruited from elite universities as “the best and the brightest,” investment bankers are socialized into a world of high risk and high reward. They are paid handsomely, with the understanding that they may be let go at any time. Their workplace culture and networks of privilege create the perception that job insecurity builds character, and employee liquidity results in smart, efficient business. Based on this culture of liquidity and compensation practices tied to profligate deal-making, Wall Street investment bankers reshape corporate America in their own image. Their mission is the creation of shareholder value, but Ho demonstrates that their practices and assumptions often produce crises instead. By connecting the values and actions of investment bankers to the construction of markets and the restructuring of U.S. corporations, Liquidated reveals the particular culture of Wall Street often obscured by triumphalist readings of capitalist globalization.

Author : Matthew Kelly
Publisher : Penguin
ISBN 13 : 1101544287
Total Pages : 160 pages
Book Rating : 4.80/5 ( download)

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Download or read book Off Balance written by Matthew Kelly and published by Penguin. This book was released on 2011-09-15 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: The prescriptive follow-up to the New York Times bestseller The Dream Manager. One of the major issues in our lives today is work-life balance. Everyone wants it; no one has it. But Matthew Kelly believes that work- life balance was a mistake from the start. Because we don't really want balance. We want satisfaction. Kelly lays out the system he uses with his clients, his team, and himself to find deep, long-term satisfaction both personally and professionally. He introduces us to the three philosophies of our age that are dragging us down. He shows us how to cultivate the energy that will give us enough battery power for everything we need and want to do. And finally, in five clear steps, he shows us how to use his Personal & Professional Satisfaction System to establish and honor our biggest priorities, even if we spend a lot more time on some of the lesser ones.

Author : Alexander Rosenberg
Publisher : University of Chicago Press
ISBN 13 : 9780226727240
Total Pages : 288 pages
Book Rating : 4.46/5 ( download)

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Download or read book Economics--Mathematical Politics Or Science of Diminishing Returns? written by Alexander Rosenberg and published by University of Chicago Press. This book was released on 1992 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Economics will never be able to move beyond these vague predictions because it treats human behavior - individual and social - as the product of expectations and preferences - beliefs and desires - the variables that cannot be measured independently of the actual choices we want to predict. These factors, combined with the economist's commitment to the search for equilibrium solutions to theoretical problems, condemn economic theory to permanent predictive weakness. In the end, Rosenberg's analysis is not merely a critique. His aim is to redefine the scope and value of neoclassical theory, suggesting that its character and most important accomplishments need to be correctly understood to defend economics against the charge that it is a science of diminishing returns."--BOOK JACKET.