2.1The human capital theory framework of Becker Human capital theory, formalized byBecker (1962)but contemporaneously developed by others, helps us understand the training activities of firms. It (re-)introduced the view that education and training represent investment in future productivity and not ju...
The Human Capital Theory was presented by Becker (1962) and Rosen (1976), who stated that the provision of training and education facilities enhances individual workers’ skill sets or abilities. The first book titled “A Theoretical and Empirical Analysis with Special Reference to Education” was ...
The results help explain why agents invest in firm-specific skills and why firms share the cost of general skill investment, both of which are counter to and build upon the findings of Becker (1962). Furthermore, I show that the enforcement of non-compete clause reduces the probability of ...
(redirected fromHuman Capital Theory) Financial Encyclopedia Related to Human Capital Theory:Human Capital Management human capital n. The accumulated knowledge and skills that make a workforce productive:"Individuals and nations become rich by investing in human capital"(Ben Stein). ...
G. Becker, K. Murphy, R. Tamura Economic Growth, Human Capital, and Population Growth Journal of Political Economy, University of Chicago (1990) Forthcoming Google Scholar Chamberlain and Griliches, 1974 G. Chamberlain, Z. Griliches Unobservable With a Variance-Components Structure: Ability, Schoolin...
来自 Semantic Scholar 喜欢 0 阅读量: 2126 作者: Gary S. Becker 摘要: No abstract is available for this item. 关键词: CiteSeerX citations Investment In Human Capital: A Theoretical Analysis Gary S Becker DOI: 10.1086/258724 被引量: 4363 年份: 1962 ...
Becker, G. S. Investment in human capital: a theoretical analysis.J. Polit. Econ.70, 9–49 (1962). ArticleGoogle Scholar Mincer, J. Human capital and economic growth.Econ. Educ. Rev.3, 195–205 (1984). ArticleGoogle Scholar Mankiw, N. G., Romer, D. & Weil, D. N. A contributio...
Human Capital The termhuman capitalto describe expanded capabilities through formal education, or through relevant experience, has been prominent in economics since its introduction by Mincer (1958), Shultz (1960,1961) and Becker (1962,1964); see, for example, reviews by Harmon et al. (2003),...
While human capital (Becker, 1962; Mincer, 1958) and signaling (Connelly et al., 2011; Spence, 1973) theories offer general propositions on wage expectation antecedents, empirical evidence from jobseekers remains scarce. One of the main obstacles to empirical research is the lack of data in ...
In a prolific and illustrious career, the late Gary Becker (1930–2014) developed what he would later call "the economic approach to human behaviour". One of the most significant strands of that research was that which focused on human capital, occuping