The identification of aggregate human-capital externalities is still not fully understood. The existing (Mincerian) approach confounds positive externalities with wage changes due to a downward sloping demand curve for human capital. As a result, the Mincerian approach yields positive externalities even when wages equal marginal social products. We propose an approach that identifies human-capi...

When productivity is fostered by both the individual’s human capital and by the average level of human capital in the economy, individuals under-invest in human capital. A strictly positive probability of migration to a richer country, by raising both the level of human capital formed by optimizing individuals in the home country and the average level of human capital of non-migrants in the cou...

abstract considering the role of health in human life, economic growth and social development, we can express that; human source is both means and aim of economic growth. in prior studies about human capital and economic growth, the main emphasis was on educational capital and the role of health capital was not considered seriously. the present study tries to investigate the relationship betwee...

Suicide ideation is a sensitive indicator of personal well-being. While ideation occurs in roughly 3 percent of the US population annually, in this study rates are 10 times higher. This article explores the role of social capital in mediating negative life circumstances on ideation for a sample of 161 homeless adults in a mid-sized Southern US metropolitan area. Our results imply that social ca...

the purpose of this paper is to investigate the association between the intellectual capital of firms and their earnings quality. the research was conducted with 158 accepted companies and 948 firm-year observations from iran stock market. empirical studies were conducted based on hypothesis by value added intellectual coefficient as measures of intellectual capital and taking absolute value of...

This discussion encompasses the various types of human capital intangible assets. Some of these human capital intangibles qualify as intellectual property. Of course, like general commercial intangible assets, many human capital intangibles do not qualify as intellectual property. The most common type of human capital intangible is a business unit’s trained and assembled workforce. The assemble...

the increase in the number of university graduates, especially at ma level, in the recent years on one hand and the disproportionate growth of employment on the other hand, has made graduates unemployment one of the major challenges of the country. most students prefer to be employed, while employment capacity in society and increase in the number of students do not match closely. entrepreneurs...

This paper uses a multi-stage education model to identify the human capital dynamic linkage in early childhood development, namely how children’s pre-kindergarten human capital levels affect their schooling efficiency and outcomes. The human capital dynamic linkage is significantly positive, and estimation without controlling for endogeneity is downward biased. The human capital dynamic linkage...