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Jan 1, 2017 · The purpose of this literature review is to clarify, investigate, and discuss by identifying and synthesizing the human capital theory and its implication for the benefit of both human...
A chapter from a labor economics textbook that explains the concept and sources of human capital, and the incentives to invest in it. It also discusses different views and uses of human capital, and the challenges of measuring and interpreting it.
Sep 1, 1996 · This review of human capital theory begins in 1776 and ends in the 1960s, when the theoretical and empirical foundations of the field were articulated and established. The review is organized...
This PDF is a selection from an out-of-print volume from the National Bureau of Economic Research Volume Title: Human Capital: A Theoretical and Empirical Analysis, with Special Reference to Education, Second Edition
Human capital theory suggests that individuals and society derive economic benefits from investments in people. The investment feature of this suggestion significantly differentiates human capital expenditures from consumptive expen- ditures-those providing few benefits beyond immediate gratification (Vaizey, 1962).
This essay explores the concept of human capital and its role in economic growth, focusing on education and health as two major components. It traces the historical evolution of human capital from ancient times to the present, and discusses the institutions, policies, and externalities that affect its production and diffusion.
Human capital theory: workers make a variety of investments in their human capital (set of marketable skills). This perspective is important in understanding both investment incentives, and the structure of wages and earnings. How do we measure human capital? Two approaches: Objective measures... often imperfect.
