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Author: Jacob Mincer
Publisher:
ISBN: 9780870142659
Category : Business & Economics
Languages : en
Pages : 180
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Book Description
Monograph on the economic analysis of personal investment in education and its relationship to lifetime wages, using data for White male workers of various educational levels in the USA - presents a human capital model based on aggregate earnings distribution, shows that increases in wages are due more to work experience than to age, etc., and finds that rates of return on investment in schooling decline as the educational level rises. Bibliography pp. 145 to 148 and statistical tables.
Author: Jacob Mincer
Publisher:
ISBN: 9780870142659
Category : Business & Economics
Languages : en
Pages : 180
Get Book Here
Book Description
Monograph on the economic analysis of personal investment in education and its relationship to lifetime wages, using data for White male workers of various educational levels in the USA - presents a human capital model based on aggregate earnings distribution, shows that increases in wages are due more to work experience than to age, etc., and finds that rates of return on investment in schooling decline as the educational level rises. Bibliography pp. 145 to 148 and statistical tables.
Author: Jacob Mincer
Publisher: Ashgate Publishing
ISBN: 9780751201253
Category : Education
Languages : en
Pages : 152
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Book Description
Analyzes the distribution of worker earnings across workers and over the working age as consequences of differential investments in human capital. The study also develops the human capital earnings function, an econometric tool for assessing rates of return and other investment parameters.
Author: Jacob Mincer
Publisher:
ISBN: 9780608200187
Category :
Languages : en
Pages : 152
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Book Description
Author: Shoshana Grossbard
Publisher: Springer Science & Business Media
ISBN: 038729175X
Category : Business & Economics
Languages : en
Pages : 194
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Book Description
This volume contains essays by or about Jacob Mincer who is a founding father of modern empirical labor economics. This personal collection not only examines Mincer’s research, it also assesses the impact of his work on the careers of several important economists and includes portions of Mincer’s correspondence with those scholars. Contributors to this volume include Gary Becker and James Heckman, each of whom is a Nobel Laureate and former Mincer collaborator.
Author: Gary S. Becker
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
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).
Author: Orley Ashenfelter
Publisher: Elsevier
ISBN: 9780444501899
Category : Business & Economics
Languages : en
Pages : 800
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Book Description
A guide to the continually evolving field of labour economics.
Author: S. W. Polachek
Publisher: Now Publishers Inc
ISBN: 1601981228
Category : Human capital
Languages : en
Pages : 123
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Book Description
Earnings over the Lifecycle: The Mincer Earnings Function and Its Applications focuses on the underlying economics behind the Mincer earnings function and its robustness and relevance to policy applications.
Author: Francis T. Juster
Publisher:
ISBN: 9780608185552
Category : College graduates
Languages : en
Pages : 466
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Book Description
Author: Claudia Goldin
Publisher: Harvard University Press
ISBN: 0674037731
Category : Business & Economics
Languages : en
Pages : 497
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Book Description
This book provides a careful historical analysis of the co-evolution of educational attainment and the wage structure in the United States through the twentieth century. The authors propose that the twentieth century was not only the American Century but also the Human Capital Century. That is, the American educational system is what made America the richest nation in the world. Its educational system had always been less elite than that of most European nations. By 1900 the U.S. had begun to educate its masses at the secondary level, not just in the primary schools that had remarkable success in the nineteenth century. The book argues that technological change, education, and inequality have been involved in a kind of race. During the first eight decades of the twentieth century, the increase of educated workers was higher than the demand for them. This had the effect of boosting income for most people and lowering inequality. However, the reverse has been true since about 1980. This educational slowdown was accompanied by rising inequality. The authors discuss the complex reasons for this, and what might be done to ameliorate it.
Author: Solomon W. Polachek
Publisher: Cambridge University Press
ISBN: 0521364760
Category : Business & Economics
Languages : en
Pages : 386
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Book Description
The Economics of Earnings analyses the wages that people earn, the jobs they do, and the labour market laws and rules within which they operate. Moving away from the conventional emphasis on point-in-time one-period decisions, it stresses informed worker choice over the life-cycle - the human capital approach. Within this framework, the book synthesises research results so as to point the way to better labour market policies. Government policy is often directed towards labour market issues such as education subsidies, training programmes, health and safety laws, and employment protection laws. By using models based on informed worker choice - the supply side - this book will assist concerned individuals in government, industry and academic study to evaluate and improve labour market policies and practices.
