In this paper, I will refer to the explanations of the school of human capital, whose main exponent is Gary Becker and how the explanation is built around human capital and technology, two factors that augmentate each other from Becker's perspective. Because investmen...
Human capital theorywas formulated by Gary Becker and other scholars.Becker’s (1994)human capital approach helps us understand both the national and individualinvestment in education. Economists have shown that differences in national economic growth can be explained by differences in people’s educatio...
Mainly because the coiners of the term wanted to emphasize i) skills are a stock not a flow and ii) the investment angle, that people invest time/money in developing skills. You can come down on different sides of the issue (Gary Becker, who developed the term, has a point since the...
Later mainstream analyses, first in agricultural economics and then in human capital theory, culminated in Gary Becker's "new household economics." Domestic labor was also neglected by Marxist thinkers, who argued that housework was being socialized under capitalism and would disappear altogether under...
Gary Becker A THEORY OF THE ALLOCATION OF TIME 加里贝克尔关于时间分配的经典文献加里贝克尔关于时间分配的经典文献隐藏>> A Theory of the Allocation of Time Author(s): Gary S. Becker Source: The Economic Journal, Vol. 75, No. 299 (Sep., 1965), pp. 493-517 Published by: Blackwell Publishing...
- 《Journal of Applied Econometrics》 被引量: 70发表: 2013年 Austrian Economics: Historical and Philosophical Background the general theory of value underlying Austrian economics and the new economic approach to human behaviour propounded by Gary Becker and others in Chicago... W Grassl - 《Austri...
Becker, Gary S., Tomes, Nigel 摘要: The theory of inequality and intergenerational mobility presented in this essay assumes that each family maximizes a utility function spanning several generations. Utility depends on the consumption of parents and on the quantity and quality of their children. ...
WorkshopattheUniversityofChicago,includingcomments madebyRobertBarro, GaryBecker,RobertKing,PaulKrugman,AlanMeltzer, KevinMurphy,andJim Poterba,aregratefullyacknowledged.ThisworkwassupportedbyNSFGrant SES-8821943,aSloanFoundationFellowship,andtheCenter forAdvancedStudy intheBehavioralSciences.ThispaperispartofNBER'...
Assuming the same distribution of talent, if wealth is measured in terms of human capital, China’s ‘index’ would also rank above the US. So we see what the problem is. If we look at housing with sea view the price of housing is much higher in China than in the US. This means ...
Gary Becker Human capital (1975) Cass Bettinger Bankruptcy prediction as a tool for commercial lenders The Journal of Commercial Bank Lending (1981) R.A. Brealey et al. The risk of bank loan portfolios (1981) Jonathan Eaton et al. Debt with potential repudiation: Theoretical and empirical analy...