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Efficiency wages, employment, and the marginal income-tax rate: A note

✍ Scribed by Clemens Fuest; Bernd Huber


Publisher
Springer Vienna
Year
1998
Tongue
English
Weight
256 KB
Volume
68
Category
Article
ISSN
1617-7134

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The present note expands on the Frigo and Ciecka (1995) residual income profile in order to analyze the relationship between residual income (RI), return on investment (ROI) and cash flows. The results indicate that in addition to the question of whether RI and ROI are useful in divisional performan