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...

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...

Previous studies rarely examined the relationship between intellectual capital and competitive advantage. Most studies underestimate the shift towards knowledge based economy where, capital and work are no longer the differentiating and generating factors of sustainable competitive advantage. Relatively, little is known in the literature about how intellectual capital affects competitive advant...

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...

sociologists have long been interested in the study of the relationships between members of families. also, in the last decades, sociologists and scholars in social and human sciences have shown an interest in the study of the effects of globalization on the micro and macro structures of societies. the aim of this paper is to investigate the relationship between globalization and the division o...