Human Capital

Human Capital PDF Author: Gary S. Becker
Publisher: University of Chicago Press
ISBN: 0226041220
Category : Business & Economics
Languages : en
Pages : 413

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Book Description
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

Human Capital

Human Capital PDF Author: Gary S. Becker
Publisher: University of Chicago Press
ISBN: 0226041220
Category : Business & Economics
Languages : en
Pages : 413

Get Book

Book Description
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

Human Capital

Human Capital PDF 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).

Human Capital

Human Capital PDF Author: Joop Hartog
Publisher: Cambridge University Press
ISBN: 1139464809
Category : Business & Economics
Languages : en
Pages : 223

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Book Description
At a time when governments and policy-makers put so much emphasis on 'the knowledge economy' and the economic value of education, human capital theory has never been more important. However, research in this area is often very technical and therefore not easily accessible to those who wish to use it as a guide to policy formation. This book provides an interface between such research and its potential applications in government, education and business. Reporting on a major research initiative, new findings are presented in a non-technical way on three major themes: measuring the benefits from human capital, applications of the human capital model, and policy interventions. Aimed at academic researchers and professionals concerned with the problems and techniques of human capital theory, it will also be useful for graduate courses on the economics of education to complement standard textbooks.

Human Capital

Human Capital PDF Author: Gary S. Becker
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
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 an.

Studies in Human Capital

Studies in Human Capital PDF Author: Jacob Mincer
Publisher: Edward Elgar Publishing
ISBN: 9781782541554
Category : Business & Economics
Languages : en
Pages : 456

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Book Description
'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.

The Welfare State Revisited

The Welfare State Revisited PDF Author: José Antonio Ocampo
Publisher: Columbia University Press
ISBN: 0231546165
Category : Political Science
Languages : en
Pages : 380

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Book Description
The welfare state has been under attack for decades, but now more than ever there is a need for strong social protection systems—the best tools we have to combat inequality, support social justice, and even improve economic performance. In this book, José Antonio Ocampo and Joseph E. Stiglitz bring together distinguished contributors to examine the global variations of social programs and make the case for a redesigned twenty-first-century welfare state. The Welfare State Revisited takes on major debates about social well-being, considering the merits of universal versus targeted policies; responses to market failures; integrating welfare and economic development; and how welfare states around the world have changed since the neoliberal turn. Contributors offer prescriptions for how to respond to the demands generated by demographic changes, the changing role of the family, new features of labor markets, the challenges of aging societies, and technological change. They consider how strengthening or weakening social protection programs affects inequality, suggesting ways to facilitate the spread of effective welfare states throughout the world, especially in developing countries. Presenting new insights into the functions the welfare state can fulfill and how to design a more efficient and more equitable system, The Welfare State Revisited is essential reading on the most discussed issues in social welfare today.

Productivity Revisited

Productivity Revisited PDF Author: Ana Paula Cusolito
Publisher: World Bank Publications
ISBN: 1464813620
Category : Business & Economics
Languages : en
Pages : 200

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Book Description
Productivity has again moved to center stage in two critical academic and policy debates: the slowing of global growth amid spectacular technological advances, and developing countries’ frustratingly slow progress in catching up to the technological frontier. Productivity Revisited brings together the new conceptual advances of 'second-wave' productivity analysis that have revolutionized the study of productivity, calling much previous analysis into question while providing a new set of tools for approaching these debates. The book extends this analysis and, using unique data sets from multiple developing countries, grounds it in the developing-country context. It calls for rebalancing away from an exclusive focus on misallocation toward a greater focus on upgrading firms and facilitating the emergence of productive new establishments. Such an approach requires a supportive environment and various types of human capital--managerial, technical, and actuarial--necessary to cultivate new transformational firms. The book is the second volume of the World Bank Productivity Project, which seeks to bring frontier thinking on the measurement and determinants of productivity to global policy makers.

Investment in Human Beings

Investment in Human Beings PDF Author: Universities-National Bureau Staff
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 174

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Book Description


Anti-Capital: Human, Social and Cultural

Anti-Capital: Human, Social and Cultural PDF Author: Jacek Tittenbrun
Publisher: Routledge
ISBN: 1317180372
Category : Social Science
Languages : en
Pages : 336

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Book Description
The notion of capital has enjoyed a rich career in the social sciences, its use across a range of subjects and in diverse academic and professional contexts having served to establish its conceptual status as 'given'. With particular attention to human and social capital - including cultural capital - this book traces the roots of this theoretical and conceptual trend to economics, revealing the proliferation of various forms of capital to be based upon an encroachment of the conceptual apparatus of economics into other social sciences. Offering an in-depth, critical analysis of the concepts of human and social capital, as well as their surrounding theories, Anti-Capital: Human, Social and Cultural proposes an alternative theoretical framework, whilst better explaining the realities that they mask in economic terms. A rigorous exploration of the most popular forms of 'capital' in the contemporary social sciences, this book will be of interest to scholars and students of sociology, political and social theory, demography and economics.

The Effect of Education on Efficiency in Consumption

The Effect of Education on Efficiency in Consumption PDF Author: Robert T. Michael
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 156

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Book Description
Economic research paper based on a doctoral thesis on the effect of educational level on consumer behaviour and consumer expenditure patterns - comprises a theoretical model showing variations in consumption efficiency and commodity selection, with particular relevance to the USA. References.