The Sharing Hypothesis for Specific Human Capital

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Publisher :
ISBN 13 :
Total Pages : 16 pages
Book Rating : 4.:/5 (322 download)

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Book Synopsis The Sharing Hypothesis for Specific Human Capital by : Margaret Stevens

Download or read book The Sharing Hypothesis for Specific Human Capital written by Margaret Stevens and published by . This book was released on 1994 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Human Capital

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Human Capital by : Gary S. Becker

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).

Firm specific human capital and the irrelevance of sharing

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ISBN 13 :
Total Pages : 12 pages
Book Rating : 4.:/5 (749 download)

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Book Synopsis Firm specific human capital and the irrelevance of sharing by : Hans-Jürgen Salchow

Download or read book Firm specific human capital and the irrelevance of sharing written by Hans-Jürgen Salchow and published by . This book was released on 1987 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Theory of Human Capital Revisited

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Publisher :
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.X/5 (6 download)

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Book Synopsis The Theory of Human Capital Revisited by : Anke S. Kessler

Download or read book The Theory of Human Capital Revisited written by Anke S. Kessler and published by . This book was released on 2000 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Psychology of Entrepreneurship

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Publisher : Psychology Press
ISBN 13 : 1317613791
Total Pages : 433 pages
Book Rating : 4.3/5 (176 download)

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Book Synopsis The Psychology of Entrepreneurship by : J. Robert Baum

Download or read book The Psychology of Entrepreneurship written by J. Robert Baum and published by Psychology Press. This book was released on 2014-04-16 with total page 433 pages. Available in PDF, EPUB and Kindle. Book excerpt: Entrepreneurship is essential for international social and economic well-being, as new ventures are the dominant source of job creation, market innovation, and economic growth in many societies. In this book, a noted group of researchers use findings, methods, and theories of modern psychology as the basis for gaining important, new insights into entrepreneurship-and into the hearts and minds of the talented, passionate professionals who create new business ventures. The Psychology of Entrepreneurship, a volume in the SIOP Organizational Frontiers Series, is the first book written about the psychology of entrepreneurship, and includes over 60 research questions to guide industrial organizational psychology, organizational behavior, and entrepreneurship research about entrepreneurs. It seeks to answer questions such as, how and why do some people, but not others, recognize opportunities, decide to start new ventures, and organize successful, rapidly growing new ventures? Some topics addressed include: methods to help researchers explore the domain of entrepreneurship research; the entire process of starting a new business; characteristics of the individual entrepreneur; the history of entrepreneurship education; the cross-cultural effects of entrepreneurship; and the viewpoints of seasoned psychologists who analyze current entrepreneurship research methods. This book will appeal to teachers, students, and researchers in the areas of industrial organizational psychology, organizational behavior, entrepreneurship, and management.

Two Essays in the Theory of Human Capital

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Publisher :
ISBN 13 :
Total Pages : 190 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Two Essays in the Theory of Human Capital by : Huoying Wu

Download or read book Two Essays in the Theory of Human Capital written by Huoying Wu and published by . This book was released on 1992 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Micro-Foundations of Firm-Specific Human Capital

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Micro-Foundations of Firm-Specific Human Capital by : Joseph Raffiee

Download or read book Micro-Foundations of Firm-Specific Human Capital written by Joseph Raffiee and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing on human capital theory, strategy scholars have emphasized firm-specific human capital as a source of sustained competitive advantage. In this study, we begin to unpack the micro-foundations of firm-specific human capital by theoretically and empirically exploring when employees perceive their skills to be firm-specific. We first develop theoretical arguments and hypotheses based on the extant strategy literature, which implicitly assumes information efficiency and unbiased perceptions of firm-specificity. We then relax these assumptions and develop alternative hypotheses rooted in the cognitive psychology literature, which highlights biases in human judgment. We test our hypotheses using two data sources from Korea and the United States. Surprisingly, our results support the hypotheses based on cognitive bias - a stark contrast to the expectations embedded within the strategy literature. Specifically, we find organizational commitment and, to some extent, tenure are negatively related to employee perceptions of the firm-specificity. We also find that employer provided on-the-job training was unrelated to perceived firm-specificity. These findings suggest that firm-specific human capital, as perceived by employees, may drive behavior in ways not anticipated by existing theory - for example, with respect to investments in skills or turnover decisions. This, in turn, may challenge the assumed relationship between firm-specific human capital and sustained competitive advantage. More broadly, our findings may suggest a need to reconsider other theories, such as transaction cost economics, that draw heavily on the notion of firm-specificity and implicitly assume widely shared and unbiased perceptions.

Handbook of Labor Economics

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Publisher : Elsevier
ISBN 13 : 9780444878571
Total Pages : 514 pages
Book Rating : 4.8/5 (785 download)

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Book Synopsis Handbook of Labor Economics by : Orley Ashenfelter

Download or read book Handbook of Labor Economics written by Orley Ashenfelter and published by Elsevier. This book was released on 1986 with total page 514 pages. Available in PDF, EPUB and Kindle. Book excerpt: Annotation The Handbook brings together a systematic review of the research topics, empirical findings, and methods that comprise modern labor economics. It serves as an introduction to what has been done in this field, while at the same time indicating possible future trends which will be important in both spheres of public and private decision-making. Part 1 is concerned with the classic topics of labor supply and demand, the size and nature of the elasticities between the two, and their impact on the wage structure. This analysis touches on two fundamental questions: what are the sources of income inequality, and what are the disincentive effects of attempts to produce a more equal income distribution? The papers in Part II proceed from the common observation that the dissimilarity in worker skills and employer demands often tempers the outcomes that would be expected in frictionless labor markets. And the last section of the Handbook deals explicitly with the role of institutional structures (e.g. trade unions) that now form an important part of modern labor economics.

Creation and Transfer of Knowledge

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Publisher : Springer Science & Business Media
ISBN 13 : 3662037386
Total Pages : 309 pages
Book Rating : 4.6/5 (62 download)

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Book Synopsis Creation and Transfer of Knowledge by : Giorgio Barba Navaretti

Download or read book Creation and Transfer of Knowledge written by Giorgio Barba Navaretti and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is knowledge an economic good? Which are the characteristics of the institutions regulating the production and diffusion of knowledge? Cumulation of knowledge is a key determinant of economic growth, but only recently knowledge has moved to the core of economic analysis. Recent literature also gives profound insights into events like scientific progress, artistic and craft development which have been rarely addressed as socio-economic institutions, being the domain of sociologists and historians rather than economists. This volume adopts a multidisciplinary approach to bring knowledge in the focus of attention, as a key economic issue.

The Death of Human Capital?

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Publisher : Oxford University Press
ISBN 13 : 0190644338
Total Pages : 224 pages
Book Rating : 4.1/5 (96 download)

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Book Synopsis The Death of Human Capital? by : Phillip Brown

Download or read book The Death of Human Capital? written by Phillip Brown and published by Oxford University Press. This book was released on 2020-09-24 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Human capital theory, or the notion that there is a direct relationship between educational investment and individual and national prosperity, has dominated public policy on education and labor for the past fifty years. In The Death of Human Capital?, Phillip Brown, Hugh Lauder, and Sin Yi Cheung argue that the human capital story is one of false promise: investing in learning isn't the road to higher earnings and national prosperity. Rather than abandoning human capital theory, however, the authors redefine human capital in an age of smart machines. They present a new human capital theory that rejects the view that automation and AI will result in the end of waged work, but see the fundamental problem as a lack of quality jobs offering interesting, worthwhile, and rewarding opportunities. A controversial challenge to the reigning ideology, The Death of Human Capital? connects with a growing sense that capitalism is in crisis, felt by students and the wider workforce, shows what's at stake in the new human capital while offering hope for the future.

Market Failure in Training?

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Publisher : Springer Science & Business Media
ISBN 13 : 3642769861
Total Pages : 235 pages
Book Rating : 4.6/5 (427 download)

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Book Synopsis Market Failure in Training? by : David Stern

Download or read book Market Failure in Training? written by David Stern and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: The papers in this volume were fIrst presented at a symposium on "An Expanded Public Role in Job Training? The Issue of Market Failure in the Provision of Training. " The symposium took place in May, 1989. It was sponsored by the LaFollette Institute of Public Affairs at the University of Wisconsin, Madison. JozefRitzen, then in Madison on leave from Erasmus University in the Netherlands, organized the symposium. Subsequently he became Minister of Education and Science for the Netherlands. He asked David Stern to fInish the work of editing the papers for publication. All the papers have been revised in light of comments by discussants at the symposium, as well as subsequent comments by the editors and outside reviewers. INTRODucrroN AND OVERVIEW Jozef M. M. Ritzen Erasmus University Rotterdam Minister of Education and Science The Netherlands David Stem School of Education University of California, Berkeley Two factors are contributing to an increased interest in the training of adult employees. First, there is the present high rate of change in the technologies embodied in products and in production processes. This enhances the negative effect of the undersupply of training on economic growth. Higher levels of training would provide a more fertile environment for technological change. The second factor is the aging of the population.

Labour Market and Economic Performance

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Publisher : Springer
ISBN 13 : 1349236128
Total Pages : 384 pages
Book Rating : 4.3/5 (492 download)

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Book Synopsis Labour Market and Economic Performance by : Toshiaki Tachibanaki

Download or read book Labour Market and Economic Performance written by Toshiaki Tachibanaki and published by Springer. This book was released on 2016-01-06 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book examines the effect of labour markets on economic performance in an international perspective; Europe, Japan and the US. Labour markets are an important determinant of the performance of both national economies and individual firms, as well as employment rewards such as wages and satisfaction levels. Many countries in Europe suffer from a high level of unemployment. The US economy suffers from low real income growth and widening wage dispersions. The level of worker satisfaction in Japan is relatively low despite her relatively better economic performance. The purpose of this book is to investigate these issues, and to provide readers with explanations of these phenomena and the differences in the performance of labour markets in Europe, Japan and the US. The book includes both theoretical and empirical studies of various countries undertaken by leading labour and macro economists, and presents several policy suggestions.

Human Capital Investment

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Publisher : Springer Nature
ISBN 13 : 3030470830
Total Pages : 270 pages
Book Rating : 4.0/5 (34 download)

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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.

Bulletin

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Publisher :
ISBN 13 :
Total Pages : 392 pages
Book Rating : 4.X/5 (6 download)

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Book Synopsis Bulletin by :

Download or read book Bulletin written by and published by . This book was released on 1993 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Firm Specific Human Capital

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ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (11 download)

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Book Synopsis Firm Specific Human Capital by : University of British Columbia. Department of Economics

Download or read book Firm Specific Human Capital written by University of British Columbia. Department of Economics and published by . This book was released on 1974 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Firm Specific Human Capital: a Shared Investment Or Optimal Entrapment?

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ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (255 download)

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Book Synopsis Firm Specific Human Capital: a Shared Investment Or Optimal Entrapment? by : David Donaldson

Download or read book Firm Specific Human Capital: a Shared Investment Or Optimal Entrapment? written by David Donaldson and published by . This book was released on 1974 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Institutional Frameworks and Labor Market Performance

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Publisher : Routledge
ISBN 13 : 113480895X
Total Pages : 430 pages
Book Rating : 4.1/5 (348 download)

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Book Synopsis Institutional Frameworks and Labor Market Performance by : Friedrich Buttler

Download or read book Institutional Frameworks and Labor Market Performance written by Friedrich Buttler and published by Routledge. This book was released on 2005-08-17 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: Institutional Frameworks and Labor Market Performance produces an in-depth analysis of the functioning of various labor market institutions in both the USA and Germany. Particular emphasis is given to the substantial differences between the US and Germany in the ways important areas are regulated. The authors show that the impact of institutions on economic performance is ambivalent. They argue that in this sense, the decision is not one between regulation and deregulation but rather one between different degrees and forms of regulation.