منابع مشابه
Human capital, household capital and asset returns
Sousa (2010a) shows that the residuals from the common trend among consumption, financial wealth, housing wealth and human capital, cday, can predict quarterly stock market returns better than cay from Lettau and Ludvigson (2001), which considers aggregate wealth instead. In this paper, we use a more appropriate proxy of human capital, which alleviates the potential correlation between the resi...
متن کاملThe Origins of Modern Growth: Fertility and Human Capital in England, 1500-1914
Recent theories of the origins of modern growth stress an improvement in human capital through reduced fertility and more intensive investment in the nurturing and education of children. But it is hard to directly test the proposition that reducing family sizes improves the "quality" of children in the modern world. What tests have been done have produced few positive signs of an association. U...
متن کاملHuman capital and productivity
......................................................................................................................... 3 Executive summary ....................................................................................................... 4 Formal learning and non-certified learning ................................................................................. 4 Foundation skills .......
متن کاملUnemployment and Human Capital∗
The paper explores the interaction between sector-specific human capital accumulation and sector-specific productivity or demand shocks. Our objective is to better understand the determinants of skill and experience premia, the costs of displacement for workers with long job tenure, and the nature of unemployment among such workers. For example, our model suggests why skilled workers can remain...
متن کاملHuman Capital and Productivity
This paper surveys the empirical literature on human capital and productivity and summarizes the results of my own work on the subject. On balance, the available evidence suggests that investment in education has a positive, significant and sizable effect on productivity growth. According to my estimates, moreover, the social returns to investment in human capital are higher than those on physi...
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ژورنال
عنوان ژورنال: MGIMO Review of International Relations
سال: 2013
ISSN: 2541-9099,2071-8160
DOI: 10.24833/2071-8160-2013-3-30-154-155