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A Multiplicative Model Of Investment In Human Capital
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Book Synopsis A Multiplicative Model of Investment in Human Capital by : Yoram Weiss
Download or read book A Multiplicative Model of Investment in Human Capital written by Yoram Weiss and published by . This book was released on 1976 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this paper is to analyze the effects of changes in exogenous parameters such as the interest rate, the length of the working period and initial endowments on the shape of the observed earnings profile. Though this problem can be treated in general, we shall restrict ourselves to the following "inverse optimal" problem: find a form of the trade-off function between current and future earnings which leads to a logarithmic earnings function. In the paper we demonstrate that logarithmic earning functions can be derived from optimal behavior. Specifically, the simple case which we analyze leads to piece wise linear log earnings functions. Such a derivation has the advantage that the effects on earnings of exogenous factors can be consistently analyzed. The model is sufficiently simple to allow a clear exposition of the basic elements which govern earnings in a static world. The same elements appear in the more complicated derivations currently available in the literature but it is more difficult to trace their impact. The multiplicative model provides additional information on the robustness of the results previously derived from the Ben-Porath specification. This is particularly important since the "production function" for human capital is not directly observable and alternative specification can only be compared in terms of their implications with respect to observed earnings.
Download or read book Human Capital written by Gary S. Becker and published by University of Chicago Press. This book was released on 2009-05-15 with total page 413 pages. Available in PDF, EPUB and Kindle. Book excerpt: Human Capital is Becker's classic study of how investment in an individual's education and training is similar to business investments in equipment. Recipient of the 1992 Nobel Prize in Economic Science, Gary S. Becker is a pioneer of applying economic analysis to human behavior in such areas as discrimination, marriage, family relations, and education. Becker's research on human capital was considered by the Nobel committee to be his most noteworthy contribution to economics. This expanded edition includes four new chapters, covering recent ideas about human capital, fertility and economic growth, the division of labor, economic considerations within the family, and inequality in earnings. "Critics have charged that Mr. Becker's style of thinking reduces humans to economic entities. Nothing could be further from the truth. Mr. Becker gives people credit for having the power to reason and seek out their own best destiny."—Wall Street Journal
Book Synopsis Human Capital and Economic Growth by : Andreas Savvides
Download or read book Human Capital and Economic Growth written by Andreas Savvides and published by Stanford University Press. This book was released on 2008-10-10 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an in-depth investigation of the link between human capital and economic growth. The authors take an innovative approach, examining the determinants of economic growth through a historical overview of the concept of human capital. The text fosters a deep understanding of the connection between human capital and economic growth through the exploration of different theoretical approaches, a review of the literature, and the application of nonlinear estimation techniques to a comprehensive data set. The authors discuss nonparametric econometric techniques and their application to estimating nonlinearities—which has emerged as one of the most salient features of empirical work in modeling the human capital-growth relationship, and the process of economic growth in general. By delving into the topic from theoretical and empirical standpoints, this book offers an insightful new view that will be extremely useful for scholars, students, and policy makers.
Book Synopsis A Model of Economic Growth with Investment in Human Capital by : Ronald Findley
Download or read book A Model of Economic Growth with Investment in Human Capital written by Ronald Findley and published by . This book was released on 1975 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Investment in Human Capital by : Lester C. Thurow
Download or read book Investment in Human Capital written by Lester C. Thurow and published by . This book was released on 1970 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Human Capital Investment An international Comparison by : OECD
Download or read book Human Capital Investment An international Comparison written by OECD and published by OECD Publishing. This book was released on 1998-05-04 with total page 111 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report clarifies what is now known about human capital and how it can be measured.
Book Synopsis An Econometric Production Model of Investment in Human Capital from Formal Education by : Jack Ray Porter
Download or read book An Econometric Production Model of Investment in Human Capital from Formal Education written by Jack Ray Porter and published by . This book was released on 1991 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Human Capital by : Gary Stanley Becker
Download or read book Human Capital written by Gary Stanley Becker and published by . This book was released on 1966 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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.
Book Synopsis Investment in Human by : Theodore W. Schultz
Download or read book Investment in Human written by Theodore W. Schultz and published by . This book was released on 1971 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Human Capital Investment in Women and Men by : T. Paul Schultz
Download or read book Human Capital Investment in Women and Men written by T. Paul Schultz and published by . This book was released on 1994 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :Centre for Educational Research and Innovation Publisher :Org. for Economic Cooperation & Development ISBN 13 : Total Pages :128 pages Book Rating :4.F/5 ( download)
Book Synopsis Human Capital Investment by : Centre for Educational Research and Innovation
Download or read book Human Capital Investment written by Centre for Educational Research and Innovation and published by Org. for Economic Cooperation & Development. This book was released on 1998 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: Investment in human capital is to the fore of debate and analysis in OECD countries about how to promote economic prosperity, fuller employment, and social cohesion. Individuals, organisations and nations increasingly recognise that high levels of know
Book Synopsis Investment in Human Capital by : B. F. Kiker
Download or read book Investment in Human Capital written by B. F. Kiker and published by . This book was released on 1971 with total page 630 pages. Available in PDF, EPUB and Kindle. Book excerpt: Compilation of economic research papers on investment in labour force human capital formation in the USA - includes several cost benefit analysis outlines of investment returns on education, in plant training, health services, etc., and covers theoretical aspects of labour mobility, migration, brain drain, labour costs, income differences, occupational choice, etc. References and statistical tables.
Book Synopsis Specific Human Capital Investment and Optimal Human Capital Portfolio by : Yutaro Sakai
Download or read book Specific Human Capital Investment and Optimal Human Capital Portfolio written by Yutaro Sakai and published by . This book was released on 1983 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Optimal Investment in Human Capital in a Simple Overlapping-generations Model by : Bengt-Arne Wickström
Download or read book Optimal Investment in Human Capital in a Simple Overlapping-generations Model written by Bengt-Arne Wickström and published by . This book was released on 1990 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Investment in Human Capital by : Theodore William Schultz
Download or read book Investment in Human Capital written by Theodore William Schultz and published by . This book was released on 1961 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Optimal Demand for Human Capital by : Anu Rammohan
Download or read book Optimal Demand for Human Capital written by Anu Rammohan and published by . This book was released on 1998 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:
