The Skill Weights Approach On Firm Specific Human Capital

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Firm-specific Human Capital

Author : Edward P. Lazear
Publisher :
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Firm-specific Human Capital by : Edward P. Lazear

Download or read book Firm-specific Human Capital written by Edward P. Lazear and published by . This book was released on 2003 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: One problem with the theory of firm-specific human capital is that it is difficult to generate convincing examples of investment that could generate the sometimes observed large and continuing effects on earnings. Another approach, called the skill-weights' view, allows all skills to be general in that there are other firms that use each of the skills. But firms use them in different combinations and with different weights attached to them. The skill-weights view not only has aesthetic appeal, but is consistent with the frequently observed large tenure effects. All of the implications of the traditional view are produced by this approach, and there are a number of other implications that distinguish the new view from the traditional one. The empirical evidence already contains some support for the skill-weights view.

The Structure of Wages

Author : Edward P. Lazear
Publisher : University of Chicago Press
ISBN 13 : 0226470512
Total Pages : 473 pages
Book Rating : 4.2/5 (264 download)

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Book Synopsis The Structure of Wages by : Edward P. Lazear

Download or read book The Structure of Wages written by Edward P. Lazear and published by University of Chicago Press. This book was released on 2009-05-15 with total page 473 pages. Available in PDF, EPUB and Kindle. Book excerpt: The distribution of income, the rate of pay raises, and the mobility of employees is crucial to understanding labor economics. Although research abounds on the distribution of wages across individuals in the economy, wage differentials within firms remain a mystery to economists. The first effort to examine linked employer-employee data across countries, The Structure of Wages:An International Comparison analyzes labor trends and their institutional background in the United States and eight European countries. A distinguished team of contributors reveal how a rising wage variance rewards star employees at a higher rate than ever before, how talent becomes concentrated in a few firms over time, and how outside market conditions affect wages in the twenty-first century. From a comparative perspective that examines wage and income differences within and between countries such as Denmark, Italy, and the Netherlands, this volume will be required reading for economists and those working in industrial organization.

Handbook of Research on Strategic Human Capital Resources

Author : Anthony J. Nyberg
Publisher : Edward Elgar Publishing
ISBN 13 : 1788116690
Total Pages : 541 pages
Book Rating : 4.7/5 (881 download)

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Book Synopsis Handbook of Research on Strategic Human Capital Resources by : Anthony J. Nyberg

Download or read book Handbook of Research on Strategic Human Capital Resources written by Anthony J. Nyberg and published by Edward Elgar Publishing. This book was released on 2019-12-27 with total page 541 pages. Available in PDF, EPUB and Kindle. Book excerpt: Strategic human capital resources are a relatively new construct with a scholarly literature that is still evolving. Work in this area requires the integration of multiple theoretical perspectives and empirical approaches, but that integration rarely occurs. Within these pages, the editors have combined the voices of leading scholars from a wide range of disciplinary backgrounds to provide a comprehensive introduction to the current state of the field.

The Oxford Handbook of Human Capital

Author : Alan Burton-Jones
Publisher : OUP Oxford
ISBN 13 : 0191634956
Total Pages : 718 pages
Book Rating : 4.1/5 (916 download)

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Book Synopsis The Oxford Handbook of Human Capital by : Alan Burton-Jones

Download or read book The Oxford Handbook of Human Capital written by Alan Burton-Jones and published by OUP Oxford. This book was released on 2012-05-10 with total page 718 pages. Available in PDF, EPUB and Kindle. Book excerpt: Macroeconomic research on human capital - the stock of human capabilities and knowledge - has been extensively published but to date the literature has lacked a comprehensive analysis of human capital within the organization. The Oxford Handbook of Human Capital has been designed to fill that gap, providing an authoritative, inter-disciplinary, and up to date survey of relevant concepts, research areas, and applications. Specially commissioned contributions from over 40 authors reveal the importance of human capital for contemporary organizations, exploring its conceptual underpinnings, relevance to theories of the firm, implications for organizational effectiveness, interdependencies with other resources, and role in the future economy. Unlike neoclassical macroeconomic concepts of human capital, human capital in organizations is shown to be dynamic and heterogeneous, requiring new theories and management frameworks. The systemic role of human capital is explored, revealing it as the lynchpin of social, structural and other forms of intangible and tangible capital. Connections between human capital and organizational performance are investigated from HR management, procurement, alignment, value appropriation, and accounting perspectives. Links between micro and macro perspectives are provided through analyses of inter firm human capital mobility, national and regional human capital formation regimes and industry employment relations practices. This Handbook is designed for scholars and graduate students of organization and management theory, strategy, entrepreneurship, knowledge and intellectual capital, accounting, IT, HR, IR, economic sociology and cultural studies. For policy makers and practitioners it should provide an up to date guide to the nature and role of human capital in contemporary organizations and the roles that government, industry and other extra firm institutions can play in facilitating its development.

Management, Valuation, and Risk for Human Capital and Human Assets

Author : M. Russ
Publisher : Springer
ISBN 13 : 1137355727
Total Pages : 232 pages
Book Rating : 4.1/5 (373 download)

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Book Synopsis Management, Valuation, and Risk for Human Capital and Human Assets by : M. Russ

Download or read book Management, Valuation, and Risk for Human Capital and Human Assets written by M. Russ and published by Springer. This book was released on 2014-10-15 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: Perspectives on Human Capital and Assets goes beyond the current literature by providing a platform for a broad scope of discussion regarding HC&A, and, more importantly, by encouraging a multidisciplinary fusion between diverse disciplines.

Guide on Measuring Human Capital

Author : United Nations. Economic Commission for Europe. Task Force on Measuring Human Capital
Publisher :
ISBN 13 : 9789210598668
Total Pages : 0 pages
Book Rating : 4.5/5 (986 download)

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Book Synopsis Guide on Measuring Human Capital by : United Nations. Economic Commission for Europe. Task Force on Measuring Human Capital

Download or read book Guide on Measuring Human Capital written by United Nations. Economic Commission for Europe. Task Force on Measuring Human Capital and published by . This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction -- Concepts and definitions -- Methodological issues -- Implementation and measurement issues -- Satellite account for education and training -- Human capital satellite account: an example for Canada -- Human capital country studies -- Recommendations and further work -- References

Human Capital Management as a Resource in Achieving Competitive Advantage

Author : Riyanto Wujarso
Publisher : Asadel Publisher
ISBN 13 :
Total Pages : 56 pages
Book Rating : 4.8/5 (54 download)

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Book Synopsis Human Capital Management as a Resource in Achieving Competitive Advantage by : Riyanto Wujarso

Download or read book Human Capital Management as a Resource in Achieving Competitive Advantage written by Riyanto Wujarso and published by Asadel Publisher. This book was released on 2023-07-28 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Human Capital Management as a Resource in Achieving Competitive Advantage" is a compelling discourse that delves into the crucial concept of Managing Human Capital (MHC) and its inherent importance in achieving a competitive edge for organizations. This profound exploration taps into the richness of human capital - the unique value added by individuals to their organizations - and underscores the vital need for strategic investments in this human element through commitment, retention, talent management, and learning and development initiatives. The book methodically explains how organizations can utilize their human capital as a powerful resource, employing it to meet organizational objectives and surpass competitors. Based on exhaustive examination of pertinent literature, it validates the correlation between the effective management of human capital and improved business competitiveness. Moreover, the book also gives substantial attention to the critical processes that are pivotal to harnessing the potential of human capital. It delves into how the fostering of commitment can ensure consistent engagement and loyalty towards organizational objectives. Equally significant is the focus on retention strategies, with the goal of preserving valuable talent within the organization and maintaining a competitive advantage. The book elaborates on the significance of apt talent management strategies that include identifying, developing, and providing growth opportunities to high-potential employees within the organization. In a dynamic business environment, it is emphasized that organizations can sustain competitiveness by nurturing and deploying their workforce efficiently. The book also highlights the importance of learning and development programs in the optimization of human capital. It underscores the value of continual learning to ensure that employees remain competent, adaptable, and innovation-driven in a rapidly evolving business landscape. The book examines a plethora of research and literature in the field of human capital management, providing readers with an extensive understanding of the significant role human capital plays in shaping organizational success and competitiveness. In essence, this work argues that businesses can gain a lasting competitive edge by aligning human capital strategies with overall organizational goals, fostering a culture of continuous learning and development, and creating an environment where individuals feel valued, motivated, and empowered to contribute their best. "Human Capital Management as a Resource in Achieving Competitive Advantage" is a critical resource for leaders, managers, human resource professionals, students, and anyone interested in understanding the potential of human capital as a significant lever for organizational success in today's complex and dynamic business environment.

Education and Training in Europe

Author : Giorgio Brunello
Publisher : Oxford University Press, USA
ISBN 13 : 0199210977
Total Pages : 386 pages
Book Rating : 4.1/5 (992 download)

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Book Synopsis Education and Training in Europe by : Giorgio Brunello

Download or read book Education and Training in Europe written by Giorgio Brunello and published by Oxford University Press, USA. This book was released on 2007-05-17 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focusing on the accumulation of human capital from two perspectives, through formal education and then professional training, this book provides a summary of the characteristics of education and training in Europe and also asks key questions about the problems with the current educational and training systems.

Investments in a Sustainable Workforce in Europe

Author : Tanja van der Lippe
Publisher : Routledge
ISBN 13 : 1351105302
Total Pages : 457 pages
Book Rating : 4.3/5 (511 download)

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Book Synopsis Investments in a Sustainable Workforce in Europe by : Tanja van der Lippe

Download or read book Investments in a Sustainable Workforce in Europe written by Tanja van der Lippe and published by Routledge. This book was released on 2019-06-11 with total page 457 pages. Available in PDF, EPUB and Kindle. Book excerpt: A sustainable European workforce has become increasingly relevant in our present day and age. Flexibility and job insecurity are omnipresent; organizational workforces are displaying growing diversity with respect to age, gender, ethnicity and family status; and Europe’s welfare states are delegating more and more responsibility for the well-being of workers to employers. Now more so than ever, organizations need to consider investing in workers to improve their performance and level of satisfaction. These investments can take many forms, including flexible work arrangements, training plans, child-related policies and health programs. The crucial question is how to make this happen. Why do some organizations invest more and others less in their employees? Why do some employees make use of these investments and while others do not? Why do such investments sometimes improve employee performance and satisfaction and sometimes not? This book addresses precisely these questions. The book contributes a new, large-scale survey of 259 organizations, 869 work units, and 11,011 employees in six diverse economic sectors in the Bulgaria, Finland, Germany, Hungary, the Netherlands, Portugal, Spain, Sweden and UK to study the causes and consequences of organizational investments. This book appeals to undergraduate and postgraduate students, researchers and lecturers in the fields of Sociology, Business and Management, and Organizational Studies. It will also be useful for practitioners of Human Resource Management and others interested in workforce sustainability.

Modern Labor Economics

Author : Ronald Ehrenberg
Publisher : Taylor & Francis
ISBN 13 : 1000397858
Total Pages : 783 pages
Book Rating : 4.0/5 (3 download)

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Book Synopsis Modern Labor Economics by : Ronald Ehrenberg

Download or read book Modern Labor Economics written by Ronald Ehrenberg and published by Taylor & Francis. This book was released on 2021-08-23 with total page 783 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modern Labor Economics: Theory and Public Policy, now in its fourteenth edition, continues to be the leading text for one-semester courses in labor economics at the undergraduate and graduate levels. It offers a thorough overview of the modern theory of labor market behavior and reveals how this theory is used to analyze public policy. Designed for students who may not have extensive backgrounds in economics, the text balances theoretical coverage with examples of practical applications that allow students to see concepts in action. The authors believe that showing students the social implications of the concepts discussed in the course will enhance their motivation to learn. Consequently, this text presents numerous examples of policy decisions that have been affected by the ever-shifting labor market. This new edition continues to offer the following: a balance of relevant, contemporary examples coverage of the current economic climate an introduction to basic methodological techniques and problems tools for review and further study This fourteenth edition presents updated data throughout and a wealth of new examples, such as the impact of COVID-19 lockdowns, gig work, nudges, monopsony power in the technology industry, and the effect of machine learning on inequality. Supplementary materials for students and instructors are available on the book’s companion website.

The Oxford Handbook of Skills and Training

Author : Chris Warhurst
Publisher : Oxford University Press
ISBN 13 : 0199655367
Total Pages : 769 pages
Book Rating : 4.1/5 (996 download)

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Book Synopsis The Oxford Handbook of Skills and Training by : Chris Warhurst

Download or read book The Oxford Handbook of Skills and Training written by Chris Warhurst and published by Oxford University Press. This book was released on 2017 with total page 769 pages. Available in PDF, EPUB and Kindle. Book excerpt: Skills and workforce development are at the heart of much research on work, employment, and management. But are they so important? To what extent can they make a difference for individuals, organizations, and nations? How are the supply and, more importantly, the utilization of skill, currently evolving? What are the key factors shaping skills trajectories of the future? This Handbook provides an authoritative consideration of issues such as these. It does so by drawing on experts in a wide range of disciplines including sociology, economics, labour/industrial relations, human resource management, education, and geography. The Handbook is relevant for all with an interest in the changing nature - and future - of work, employment, and management. It draws on the latest scholarly insights to shed new light on all the major issues concerning skills and training today. While written primarily by leading scholars in the field, it is equally relevant to policy makers and practitioners responsible for shaping the development of human capability today and into the future.

Headquarters Economy

Author : J. Myles Shaver
Publisher : Oxford University Press
ISBN 13 : 0192564099
Total Pages : 212 pages
Book Rating : 4.1/5 (925 download)

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Book Synopsis Headquarters Economy by : J. Myles Shaver

Download or read book Headquarters Economy written by J. Myles Shaver and published by Oxford University Press. This book was released on 2018-10-25 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: Metropolitan areas with a high concentration of headquarters from diverse industries stand out as influential, dynamic economies. However, there is little discussion about the characteristics of these 'headquarters economies'. Why do some regions develop vibrant headquarters economies, whereas others do not? The answer lies in understanding the essence of headquarters - the managerial talent pool that guides and governs these companies. By investigating an exemplar headquarters economy - Minneapolis-St. Paul - this volume demonstrates that the talent pool (managers), its movement among companies and industries in a region (mobility), and the nature of its inflow and outflow from a region (migration), can create a virtuous cycle that strengthens regional companies, and draws in additional talent. Comparing the migration pattern of educated, high-earning individuals across metropolitan areas in the United States, and drawing upon a proprietary survey of thousands of headquarters employees in Minneapolis-St. Paul, this book provides supportive evidence for this dynamic. A central insight of the research is that professional managerial talent is a determinant of regional vitality that has largely been overlooked. The underlying factors of managers, mobility, and migration, here identified in the context of Minneapolis-St. Paul, exist in metropolitan areas around the world, demonstrating the scope of application of the research findings, and highlighting the benefit of focusing on these underlying factors.

Modern Labor Economics

Author : Ronald G. Ehrenberg
Publisher : Routledge
ISBN 13 : 1315510634
Total Pages : 956 pages
Book Rating : 4.3/5 (155 download)

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Book Synopsis Modern Labor Economics by : Ronald G. Ehrenberg

Download or read book Modern Labor Economics written by Ronald G. Ehrenberg and published by Routledge. This book was released on 2016-04-20 with total page 956 pages. Available in PDF, EPUB and Kindle. Book excerpt: For one-semester courses in labor economics at the undergraduate and graduate levels, this book provides an overview of labor market behavior that emphasizes how theory drives public policy. Modern Labor Economics: Theory and Public Policy, Twelfth Edition gives students a thorough overview of the modern theory of labor market behavior, and reveals how this theory is used to analyze public policy. Designed for students who may not have extensive backgrounds in economics, the text balances theoretical coverage with examples of practical applications that allow students to see concepts in action. Experienced educators for nearly four decades, co-authors Ronald Ehrenberg and Robert Smith believe that showing students the social implications of the concepts discussed in the course will enhance their motivation to learn. As such, the text presents numerous examples of policy decisions that have been affected by the ever-shifting labor market. This text provides a better teaching and learning experience for you and your students. It will help you to: Demonstrate concepts through relevant, contemporary examples: Concepts are brought to life through analysis of hot-button issues such as immigration and return on investment in education. Address the Great Recession of 2008: Coverage of the current economic climate helps students place course material in a relevant context. Help students understand scientific methodology: The text introduces basic methodological techniques and problems, which are essential to understanding the field. Provide tools for review and further study: A series of helpful in-text features highlights important concepts and helps students review what they have learned.

The Oxford Handbook of Talent Management

Author : David G Collings
Publisher : Oxford University Press
ISBN 13 : 0191075833
Total Pages : 609 pages
Book Rating : 4.1/5 (91 download)

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Book Synopsis The Oxford Handbook of Talent Management by : David G Collings

Download or read book The Oxford Handbook of Talent Management written by David G Collings and published by Oxford University Press. This book was released on 2017-09-14 with total page 609 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Oxford Handbook of Talent Management offers academic researchers, advanced postgraduate students, and reflective practitioners a state-of-the-art overview of the key themes, topics, and debates in talent management. The Handbook is designed with a multi-disciplinary perspective in mind and draws upon perspectives from, inter alia, human resource management, psychology, and strategy to chart the topography of the area of talent management and to establish the base of knowledge in the field. Furthermore, each chapter concludes by identifying key gaps in our understanding of the area of focus. The Handbook is ambitious in its scope, with 28 chapters structured around five sections. These include the context of talent management, talent and performance, talent teams and networks, managing talent flows, and contemporary issues in talent management. Each chapter is written by a leading international scholar in the area and thus the volume represents the authoritative reference for anyone working in the area of talent management.

Handbook of the Economics of Education

Author : Eric A. Hanushek
Publisher : Elsevier
ISBN 13 : 0080961827
Total Pages : 614 pages
Book Rating : 4.0/5 (89 download)

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Book Synopsis Handbook of the Economics of Education by : Eric A. Hanushek

Download or read book Handbook of the Economics of Education written by Eric A. Hanushek and published by Elsevier. This book was released on 2010-11-11 with total page 614 pages. Available in PDF, EPUB and Kindle. Book excerpt: How does education affect economic and social outcomes, and how can it inform public policy?Volume 3 of the Handbooks in the Economics of Education uses newly available high quality data from around the world to address these and other core questions. With the help of new methodological approaches, contributors cover econometric methods and international test score data. They examine the determinants of educational outcomes and issues surrounding teacher salaries and licensure. And reflecting government demands for more evidence-based policies, they take new looks at institutional feaures of school systems. Volume editors Eric A. Hanushek (Stanford), Stephen Machin (University College London) and Ludger Woessmann (Ifo Institute for Economic Research, Munich) draw clear lines between newly emerging research on the economics of education and prior work. In conjunction with Volume 4, they measure our current understanding of educational acquisition and its economic and social effects. - Uses rich data to study issues of high contemporary policy relevance - Demonstrates how education serves as an important determinant of economic and social outcomes - Benefits from the globalization of research in the economics of education

Strategic Compensation and Talent Management

Author : Jed DeVaro
Publisher : Cambridge University Press
ISBN 13 : 1108495206
Total Pages : 407 pages
Book Rating : 4.1/5 (84 download)

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Book Synopsis Strategic Compensation and Talent Management by : Jed DeVaro

Download or read book Strategic Compensation and Talent Management written by Jed DeVaro and published by Cambridge University Press. This book was released on 2020-04-02 with total page 407 pages. Available in PDF, EPUB and Kindle. Book excerpt: This engaging core textbook on compensation develops a market-driven perspective, written with managers in mind.

The Dynamics of Opportunity in America

Author : Irwin Kirsch
Publisher : Springer
ISBN 13 : 3319259911
Total Pages : 508 pages
Book Rating : 4.3/5 (192 download)

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Book Synopsis The Dynamics of Opportunity in America by : Irwin Kirsch

Download or read book The Dynamics of Opportunity in America written by Irwin Kirsch and published by Springer. This book was released on 2016-01-22 with total page 508 pages. Available in PDF, EPUB and Kindle. Book excerpt: Across the country, our children are beginning life from very different starting points. Some have aspirations and believe they can be achieved. For too many others, aspirations are tempered, if not dashed, by the sobering realities of everyday life. These different starting points place children on distinctly different trajectories of growth and development, ultimately leading to vastly different adult outcomes. How did we get to a place where circumstances of birth have become so determinative? And what must we do, within communities and across our country, to better equalize opportunity for more Americans – both young and old? The editors of this volume contend that if, as a nation, we do nothing, then we will continue to drift apart, placing an unsustainable strain on the nation’s social fabric and the character of its democracy. Consequently, understanding the dynamics governing the distribution and transmission of opportunity – and transforming this understanding into policies and programs – is critical for not only the life outcomes of individual Americans and their children, but also the country as a whole. The goal of Educational Testing Service’s Opportunity in America initiative is to explore these powerful dynamics and to describe and convey them in a way that advances the national conversation about why we must take action – and how best to do so. This volume contains 14 chapters, including an epilogue, written by leaders from a range of fields including education, economics, demography, and political science. Collectively, they not only illuminate key aspects of the problem but also offer suggestions of what policies, programs, and changes in practices could begin to reverse the trends we are seeing. Written in an engaging style, this volume constitutes an essential foundation for informed discussion and strategic analysis.