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Specific Human Capital Investment And Wage Profiles
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Book Synopsis Studies in Human Capital by : Jacob Mincer
Download or read book Studies in Human Capital written by Jacob Mincer and published by Edward Elgar Publishing. This book was released on 1993-01-01 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'The books should. . . . be bought by every university library. The research reported here is important, the exposition is lucid, the sequencing of chapters is sensible and the retrospective aspect of the volumes provides a fascinating insight into the working methods of one of the great economists of our time.' - Geraint Johnes, International Journal of Manpower Studies in Human Capital, the first volume of Jacob Mincer's essays to be published in this series, assesses the impact of education and job training on wage growth. It offers an authoritative study of the effects of human capital investments on labor turnover and the impact of technological change on human capital formation.
Book Synopsis Human Capital, Employment and Bargaining by : Robert A. Hart
Download or read book Human Capital, Employment and Bargaining written by Robert A. Hart and published by Cambridge University Press. This book was released on 1995-05-18 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines human capital investment, employment and bargaining at the level of the firm. It attempts the first summary of results that incorporates both human capital investment and employment decisions within firm - union bargaining models, emphasising investment in teams, or groups, of workers. The authors also examine human capital in relation to labour demand as well as the delineation between neoclassical and coalitional firms. Further, they investigate connections between, on the one hand, turnover costs and firm-specific human capital and, on the other, unemployment. Labour market policy topics recur throughout the book and include the choice between pure wage and profit sharing remuneration systems, the issue of whether training should be subsidised by governments, worksharing versus layoff decisions, payroll tax incidence and the choice of compensation system as well as the role of human capital in influencing a firm's voluntary ex ante decision as to whether or not to bargain with an established union.
Book Synopsis Human Capital Investment by : Harriet Duleep
Download or read book Human Capital Investment written by Harriet Duleep and published by Springer Nature. This book was released on 2021-04-28 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1965, a family-reunification policy for admitting immigrants to the United States replaced a system that chose immigrants based on their national origin. With this change, a 40-year hiatus in Asian immigration ended. Today, over three-quarters of US immigrants originate from Asia and Latin America. Two issues that dominate discussions of US immigration policy are the progress of post-reform immigrants and their contributions to the US economy. This book focuses on the earnings and human capital investment of Asian immigrants to the US after 1965. In addition, it provides a primer on studying immigrant economic assimilation, by explaining economists’ methodology to measure immigrant earnings growth and the challenges with this approach. The book also illustrates strategies to more fully use census data such as how to measure family income and how to use “panel data” that is embedded in the census. The book is a historical study as well as an extremely timely work from a policy angle. The passage of the 1965 Immigration and Nationality Act set the United States apart among economically developed countries due to the weight given to family unification. Based on analyses by economists—which suggest that the quality of immigrants to the US fell after the 1965 law—policymakers have called for fundamental changes in the US system to align it with the immigration systems of other countries. This book offers an alternative view point by proposing a richer model that incorporates investments in human capital by immigrants and their families. It challenges the conventional model in three ways: First, it views the decline in immigrants’ entry earnings after 1965 as due to investment in human capital, not to permanently lower “quality.” Second, it adds human capital investment and earnings growth after entry to the model. And finally, by taking investments by family members into account, it challenges the policy recommendation that immigrants should be selected for their occupational qualifications rather than family connections.
Book Synopsis The Oxford Handbook of Entrepreneurial Finance by : Douglas Cumming
Download or read book The Oxford Handbook of Entrepreneurial Finance written by Douglas Cumming and published by OUP USA. This book was released on 2012-03-22 with total page 937 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides a comprehensive picture of issues dealing with different sources of entrepreneurial finance and different issues with financing entrepreneurs. The Handbook comprises contributions from 48 authors based in 12 different countries.
Book Synopsis Studies in Labor Markets by : Sherwin Rosen
Download or read book Studies in Labor Markets written by Sherwin Rosen and published by University of Chicago Press. This book was released on 2007-12-01 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: The papers in this volume present an excellent sampling of the best of current research in labor economics, combining the most sophisticated theory and econometric methods with high-quality data on a variety of problems. Originally presented at a Universities-National Bureau Committee for Economic Research conference on labor markets in 1978, and not published elsewhere, the thirteen papers treat four interrelated themes: labor mobility, job turnover, and life-cycle dynamics; the analysis of unemployment compensation and employment policy; labor market discrimination; and labor market information and investment. The Introduction by Sherwin Rosen provides a thoughtful guide to the contents of the papers and offers suggestions for continuing research.
Download or read book Studies in Income Distribution written by and published by . This book was released on 1982 with total page 652 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Human Capital written by Gary S. Becker and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A diverse array of factors may influence both earnings and consumption; however, this work primarily focuses on the impact of investments in human capital upon an individual's potential earnings and psychic income. For this study, investments in human capital include such factors as educational level, on-the-job skills training, health care, migration, and consideration of issues regarding regional prices and income. Taking into account varying cultures and political regimes, the research indicates that economic earnings tend to be positively correlated to education and skill level. Additionally, studies indicate an inverse correlation between education and unemployment. Presents a theoretical overview of the types of human capital and the impact of investment in human capital on earnings and rates of return. Then utilizes empirical data and research to analyze the theoretical issues related to investment in human capital, specifically formal education. Considered are such issues as costs and returns of investments, and social and private gains of individuals. The research compares and contrasts these factors based upon both education and skill level. Areas of future research are identified, including further analysis of issues regarding social gains and differing levels of success across different regions and countries. (AKP).
Book Synopsis Redefining the Process of Retirement by : Winfried Schmähl
Download or read book Redefining the Process of Retirement written by Winfried Schmähl and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: Past and future development as well as possibilities for influencing the process of retirement are discussed, in particular effects on the labour market (supply and demand, behaviour of workers and firms, concerning human resource management and occupational pensions), financing of social security and income of workers. Decisions concerning earlier or postponed, full or partial retirement are the main topic stressing the central role of firms' decisions depending e.g. on their view of the productivity of the elderly. Reports on Scandinavian countries (Sweden, Denmark, Finland) in particular on their approach for partial retirement are included as well as papers discussing possibilities to stop the trend of early exit from the labour force and how to give incentives for a longer working life (e.g. by changes in social security). These topics are discussed in the view of structural changes in demography, economy and society, using - among other - the US and West Germany as examples. The papers point out the necessity to look at retirement as a process (in a life cycle perspective, requiring longitudinal data for empirical research) and in a perspective integrating the different aspects involved.
Book Synopsis The Structure and Determinants of Wage Relativities by : Alison Preston
Download or read book The Structure and Determinants of Wage Relativities written by Alison Preston and published by Routledge. This book was released on 2018-02-06 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2001. Drawing on the fields of labour economics and industrial relations, this book simultaneously applies human capital theory and institutional analysis to an explanation of occupational and other wage differentials. This outstanding study contains a wealth of reference material on both the economic and normative determinants of wages. Destined to become a landmark study in the area of Australian wage determination, the book is an essential text for labour economists, industrial relations specialists, researchers and policy makers alike.
Book Synopsis 50th Celebratory Volume by : Solomon W. Polachek
Download or read book 50th Celebratory Volume written by Solomon W. Polachek and published by Emerald Group Publishing. This book was released on 2023-01-23 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 50th Celebratory Research in Labor Economics volume contains ten original and innovative articles each written by stellar senior scholars in labor economics addressing aspects of worker well-being.
Book Synopsis Corporatism Or Competition? by : Coen Teulings
Download or read book Corporatism Or Competition? written by Coen Teulings and published by Cambridge University Press. This book was released on 1998-09-17 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors present important research showing that corporatist institutions generate smaller non-competitive wage differentials than a decentralized system. A theoretical explanation is developed based on the hold-up problem in investments, arguing that corporatist institutions solve the problem by specifying ex ante nominal contracts that remove the necessity of ex post bargaining over the surplus of an employment relationship. The authors also argue that such institutions allow sufficient flexibility to accommodate aggregate shocks, even more so than decentralized systems. Corporatism or Competition? is the first book to bring together the mass of research on comparative wage differences, wage movements and employment behaviour in different countries with different institutional frameworks, in an organized and coherent fashion.
Book Synopsis Distribution of Income and Wealth in Ontario by : Charles M. Beach
Download or read book Distribution of Income and Wealth in Ontario written by Charles M. Beach and published by University of Toronto Press. This book was released on 1981-12-15 with total page 375 pages. Available in PDF, EPUB and Kindle. Book excerpt: Distribution analysis has advanced remarkably in recent years, and this is a valuable application of its principles to a Canadian context. The book provides an extensive survey of recent literature and a new source of income and wealth distribution data for Ontario, drawn from newly available microdata sets. It also presents an evaluation of the data as a basis for measuring inequality in the distribution of economic and well-being. The empirical results illustrate how incomes vary significantly with age according to labour market attachment and experience, educational attainment and occupation, transfer receipts, and investment benefits. Similarly, strong age effects on net worth account reflect life-cycle patterns in asset holdings and debts typically associated with family investment in housing and financial adjustments for retirement. Differences in family size and composition have a substantial effect on the structure of family economic well-being. The inequality effects of adjusting for accrued capital gains and net worth holdings can also be quite significant. It is found that the distributional effects of CPP net benefits are considerable, although they are not as equalizing as one may have expected because of marked cohort effects. The detailed findings suggest that the life-cycle framework is a very useful one for evaluating the distributional effects of certain government programs, particularly intertemporal ones, and they underline the need for a range of different types of policies to address low income problems. The study urges greater recognition of the inequality of treatment and opportunity among different groups of the population. It also points out that conventional income distribution figures are only very imperfect estimates of the state of inequality in the underlying distribution of economic well-being.
Book Synopsis Why are Wages Upward Sloping with Tenure? by : Joachim Prinz
Download or read book Why are Wages Upward Sloping with Tenure? written by Joachim Prinz and published by Rainer Hampp Verlag. This book was released on 2004 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the most stylized facts in labor economics is the finding that wages tend to rise with job duration but what is the role of productivity between this relation? Intuitively, it seems rather unspectacular that experienced workers' earnings are higher than otherwise comparable junior workers', but economic literature offers three competing theories explaining this phenomenon. A unique database from a single professional sports industry, covering the past decade of player performance and wages in the National Basketball Association (NBA) is used to test the superiority of one model over others in explaining players' upwards sloping age-earnings profiles. The empirical results show little evidence of the notion that player wages are solely determined on the basis of their productivity. Findings are rather in accordance with shirking and matching ideas: Returns to tenure are found to be significant but it's magnitude is reduced when the spurious bias - stemming from OLS - is controlled for. The fact that tenure remains considerably large - unaffected of productivity - but is simultaneously mitigated due to job match specific effects, is in harmony with incentive and matching arguments.Joachim Prinz, born 1971, studied economics at the University of Trier, Copenhagen Business School and American University, Washington D.C. From 1999-2001 he was a scientific co-worker at the University of Greifswald, Department of Economics. Since 2001 University of Witten/ Herdecke.
Book Synopsis Family, Household And Work by : Klaus F. Zimmermann
Download or read book Family, Household And Work written by Klaus F. Zimmermann and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 431 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the last decades the appearance of a family has changed substantially. Not long ago a typical family consisted of an employed man and a home-managing woman living together for their whole life times, and having one or more children, which primarily were raised by the wife. Today differing living models are much more common than before. House husbands, late motherhood, and a delayed work entry of the children are some of the related phenomena, which at the same time are reasons for and consequences of the changed view on the favorite family. Not surprisingly, this change has provoked much scientific interest. In this book we present a collection of recent economic research work on the resources management and development of families and households respectively. Assorting three general topics, we focus on the time allocation within the household, the family structure and development, and the transition to work of young adults.
Book Synopsis The Demand for Older Workers by : John W. Straka
Download or read book The Demand for Older Workers written by John W. Straka and published by . This book was released on 1992 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Immigrant Women written by Rita J. Simon and published by Routledge. This book was released on 2018-01-16 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: The obstacles to assimilation and treatment of immigrant women are major issues confronting the leading immigrant-receiving nations today-the United States, Canada, and Australia. This volume provides a range of perspectives on the concerns, the sources of problems, how issues might be addressed, and the future of immigrant women. It is based upon a two-part issue of the journal Gender Issues, and contains a new introduction by the editor. The first section focuses on labor force experiences of women who have immigrated to the United States and Australia from Mexico and Latin America, Eastern Europe, Korea, the Philippines, India and other parts of Asia. Nancy Foner assesses the complex and contradictory ways that migration changes women's status. Cynthia Crawford focuses on Mexican and Salvadoran women who have recently moved into janitorial work in Los Angeles. M.D.R. Evans and Tatjiana Lucik analyze labor force participation of immigrants in Australia and family strategies of women migrants from the former Yugoslavia against the experiences of woman migrants from the Mediterranean world and other parts of the Slavic world. Economist Harriet Duleep reviews what is known as the family investment model. Monica Boyd tackles the controversial issue of the leading immigrant-receiving nations' unwillingness to declare gender an explicit ground for persecution and thus for gaining -refugee status. The second section deals with social class and English language acquisition, the obstacles women have had to overcome in gaining refugee status in the United States and Canada, and a comparison of movement patterns between different commentaries in Mexico and the United States on the part of Mexican male and female immigrants. Contributors include Suzanne M. Sinke, Katharine Donato, and Nina Toren. Immigrant Women will be valuable to researchers in women's studies, population demographics, as well as those teaching courses in sociology, history, and immigration. Rita James Simon is university professor in the School of Public Affairs at the Washington College of Law at American University. She is editor of Gender Issues and author of The American Jury, The Insanity Defense: A Critical Assessment of Law and Policy in the Post-Hinckley Era (with David Aaronson), Adoption, Race, and Identity (with Howard Altstein), In the Golden Land: A Century of Russian and Soviet Jewish Immigration, Social Science Data and Supreme Court Decisions (with -Rosemary Erickson), and Abortion: Statutes, Policies, and Public Attitudes the World Over.
Book Synopsis The Japanese Employment System by : Haruo Shimada
Download or read book The Japanese Employment System written by Haruo Shimada and published by . This book was released on 1980 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt:
