The Division of Labor, Investment and Capital
نویسندگان
چکیده
منابع مشابه
Human Capital Investment and the Gender Division of Labor in a Brawn-Based Economy.
We use a model of human capital investment and activity choice to explain facts describing gender differentials in the levels and returns to human capital investments. These include the higher return to and level of schooling, the small effect of healthiness on wages, and the large effect of healthiness on schooling for females relative to males. The model incorporates gender differences in the...
متن کاملHuman Capital Investment and the Gender Division of Labor in a
A model of human capital investment and activity choice is used to explain facts describing gender differentials in the levels and returns to human capital investments and occupational choice. These include the higher return to and level of schooling, the small effect of healthiness on wages, and the large effect of healthiness on schooling for females relative to males. The model incorporates ...
متن کاملLifetime Labor Supply and Human Capital Investment
We develop a model of retirement and human capital investment to study the effects of tax and retirement policies. Workers choose the supply of raw labor (career length) and also the human capital embodied in their labor. Our model explains a significant fraction of the US-Europe difference in schooling and retirement. The model predicts that reforms of the European retirement policies modeled ...
متن کاملHuman Capital Investment with Competitive Labor Search
Human Capital Investment with Competitive Labor Search We study human capital accumulation in an environment of competitive search. Given that unemployed workers can default on their education loans, skilled individuals with a larger debt burden prefer riskier but better paid careers than is socially desirable. A higher level of employment risk in turn depresses the skill premium and the incent...
متن کاملSocial Security Incentives, Human Capital Investment and Mobility of Labor
Social Security Incentives, Human Capital Investment and Mobility of Labor Migration between countries with earnings-related and flat-rate pay-as-you-go social security systems may change human capital investments in both countries. The possibility of emigration boosts investments in human capital in the country with flat-rate benefits. Correspondingly, those expecting to migrate from the count...
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ژورنال
عنوان ژورنال: Metroeconomica
سال: 1999
ISSN: 0026-1386,1467-999X
DOI: 10.1111/1467-999x.00075