Results 211 to 220 of about 406,466 (263)
Some of the next articles are maybe not open access.
On the Rate of Return to Schooling Quality
The Review of Economics and Statistics, 1996Empirical evaluation of the effect of school quality, or type and amount of resources per student, on adult earnings requires a conceptual framework. A model of the returns to schooling in a simple human capital growth context is extended to illustrate how factors such as consumption benefits of students, parental concern over equity between siblings ...
Johnson, George E, Stafford, Frank P
openaire +1 more source
The Meaning of Internal Rates of Return
The Journal of Finance, 1981ABSTRACTNearly one hundred years after Irving Fisher' persuasive argument that net present value is the fundamental criterion for appraising investment projects, businessmen and bankers continue to consider the internal rate of return. Business practice is justified in some circumstances. It has long been recognized that a firm will grow asymptotically
openaire +1 more source
The Rate of Return to Storing Wines
Journal of Political Economy, 1979This paper contains an empirical investigation of the rate of return to storing wine. The view commonly expressed in the wine literature that this return is very large is found to be inconsistent with the recent history of wine prices. In fact, the data suggest that the expected return to storing wine is no larger than the return to riskless assets.
openaire +1 more source
1993
In the last chapter the theory of human capital was introduced and used in order to explain some stylised facts about the labour market. In the present chapter we focus more closely on the empirical application of human capital analysis. In particular, we concentrate on the estimation of rates of return.
openaire +1 more source
In the last chapter the theory of human capital was introduced and used in order to explain some stylised facts about the labour market. In the present chapter we focus more closely on the empirical application of human capital analysis. In particular, we concentrate on the estimation of rates of return.
openaire +1 more source
PERPETUITY RATE OF RETURN ANALYSIS
The Engineering Economist, 1989ABSTRACT This paper introduces a new method of capital project analysis called the perpetuity rate of return (PRR). As implied by its name, the PRR is found by transforming a project's cash flow stream into a perpetuity and then relating this value to the required investment outlay.
openaire +1 more source
Kyklos, 1975
In his de Vries lectures (1963) Solow developed ‘middle-brow’ capital theory, using the social rate of return on investment as the organizing concept. Later, in his famous contribution to the Dobb Festschrift, he took steps towards the elaboration of a highbrow theory.
openaire +1 more source
In his de Vries lectures (1963) Solow developed ‘middle-brow’ capital theory, using the social rate of return on investment as the organizing concept. Later, in his famous contribution to the Dobb Festschrift, he took steps towards the elaboration of a highbrow theory.
openaire +1 more source
SENSITIVITY ANALYSIS OF RATES OF RETURN
The Journal of Finance, 1976WHAT EFFECT WILL ERRORS in data have on the calculation of the internal rate of return? For example, will an error in estimating future cash flows be more or less important than an error in the project's life? The purpose of this paper is to answer these types of sensitivity analysis questions by developing the relationships between errors in ...
openaire +1 more source
ON MULTIPLE RATES OF RETURN: COMMENT
The Journal of Finance, 1969Unfortunately, the contention of the article is incorrect. Consider the simple counterexample represented by the annual cash-flow sequence -1,5,-6 (In Jean's terminology, the current or time-0 element -1 becomes a price of 1 paid for the remainder of the sequence-which is a legitimate interpretation.) Calculation shows that this is a dual-root sequence;
openaire +1 more source
ON DERIVING THE INTERNAL RATE OF RETURN FROM THE ACCOUNTANT'S RATE OF RETURN
Journal of Business Finance & Accounting, 1976L.A. Gordon (J.B.F.A. Vol. 1 No, 3) claims to have derived a method for approximating the IRR using the ARR. This paper demonstrates that the key relationship in Gordon's paper is only valid if the IRR is already known and used to calculate economic depreciation.
openaire +1 more source
Market Share and Rate of Return
The Review of Economics and Statistics, 1972THIS paper examines the effect of market share on the rate of return of selected firms operating in different market environments. It will be shown that the effect of share on profiltability depends on the degree of concentration and rate of growth in the industries in which the firm competes, and on the absolute size of the firm.
openaire +1 more source