Human Capital Investment

Human Capital Investment
Author: Harriet Duleep
Publisher: Springer Nature
Total Pages: 270
Release: 2021-04-28
Genre: Business & Economics
ISBN: 3030470830

In 1965, a family-reunification policy for admitting immigrants to the United States replaced a system that chose immigrants based on their national origin. With this change, a 40-year hiatus in Asian immigration ended. Today, over three-quarters of US immigrants originate from Asia and Latin America. Two issues that dominate discussions of US immigration policy are the progress of post-reform immigrants and their contributions to the US economy. This book focuses on the earnings and human capital investment of Asian immigrants to the US after 1965. In addition, it provides a primer on studying immigrant economic assimilation, by explaining economists’ methodology to measure immigrant earnings growth and the challenges with this approach. The book also illustrates strategies to more fully use census data such as how to measure family income and how to use “panel data” that is embedded in the census. The book is a historical study as well as an extremely timely work from a policy angle. The passage of the 1965 Immigration and Nationality Act set the United States apart among economically developed countries due to the weight given to family unification. Based on analyses by economists—which suggest that the quality of immigrants to the US fell after the 1965 law—policymakers have called for fundamental changes in the US system to align it with the immigration systems of other countries. This book offers an alternative view point by proposing a richer model that incorporates investments in human capital by immigrants and their families. It challenges the conventional model in three ways: First, it views the decline in immigrants’ entry earnings after 1965 as due to investment in human capital, not to permanently lower “quality.” Second, it adds human capital investment and earnings growth after entry to the model. And finally, by taking investments by family members into account, it challenges the policy recommendation that immigrants should be selected for their occupational qualifications rather than family connections.

The Race between Education and Technology

The Race between Education and Technology
Author: Claudia Goldin
Publisher: Harvard University Press
Total Pages: 497
Release: 2009-07-01
Genre: Business & Economics
ISBN: 0674037731

This book provides a careful historical analysis of the co-evolution of educational attainment and the wage structure in the United States through the twentieth century. The authors propose that the twentieth century was not only the American Century but also the Human Capital Century. That is, the American educational system is what made America the richest nation in the world. Its educational system had always been less elite than that of most European nations. By 1900 the U.S. had begun to educate its masses at the secondary level, not just in the primary schools that had remarkable success in the nineteenth century. The book argues that technological change, education, and inequality have been involved in a kind of race. During the first eight decades of the twentieth century, the increase of educated workers was higher than the demand for them. This had the effect of boosting income for most people and lowering inequality. However, the reverse has been true since about 1980. This educational slowdown was accompanied by rising inequality. The authors discuss the complex reasons for this, and what might be done to ameliorate it.

World Population and Human Capital in the Twenty-first Century

World Population and Human Capital in the Twenty-first Century
Author: Wolfgang Lutz
Publisher: Oxford University Press
Total Pages: 737
Release: 2017
Genre: Business & Economics
ISBN: 0198813422

Condensed into a detailed analysis and a selection of continent-wide datasets, this revised edition of World Population & Human Capital in the Twenty-First Century addresses the role of educational attainment in global population trends and models. Presenting the full chapter text of the original edition alongside a concise selection of data, it summarizes past trends in fertility, mortality, migration, and education, and examines relevant theories to identify key determining factors. Deriving from a global survey of hundreds of experts and five expert meetings on as many continents, World Population & Human Capital in the Twenty-First Century: An Overview emphasizes alternative trends in human capital, new ways of studying ageing and the quantification of alternative population, and education pathways in the context of global sustainable development. It is an ideal companion to the county specific online Wittgenstein Centre Data Explorer.

Human Capital Policy

Human Capital Policy
Author: David Neumark
Publisher: Edward Elgar Publishing
Total Pages: 288
Release: 2021-02-26
Genre: Business & Economics
ISBN: 1800377800

This timely book evaluates international human capital policies, offering a comparative perspective on global efforts to generate new ideas and novel ways of thinking about human capital. Examining educational reforms, quality of education and links between education and socio-economic environments, chapters contrast Western experiences and perspectives with those of industrializing economies in Asia, focusing particularly on Korea and the USA.

Inequality in America

Inequality in America
Author: James J. Heckman
Publisher:
Total Pages: 0
Release: 2005
Genre: Equality
ISBN: 9780262582605

Two leading economists debate the effectiveness ofhuman capital policies in addressing widening U.S inequality.

World Development Report 2019

World Development Report 2019
Author: World Bank
Publisher: World Bank Publications
Total Pages: 201
Release: 2018-10-31
Genre: Business & Economics
ISBN: 1464813566

Work is constantly reshaped by technological progress. New ways of production are adopted, markets expand, and societies evolve. But some changes provoke more attention than others, in part due to the vast uncertainty involved in making predictions about the future. The 2019 World Development Report will study how the nature of work is changing as a result of advances in technology today. Technological progress disrupts existing systems. A new social contract is needed to smooth the transition and guard against rising inequality. Significant investments in human capital throughout a person’s lifecycle are vital to this effort. If workers are to stay competitive against machines they need to train or retool existing skills. A social protection system that includes a minimum basic level of protection for workers and citizens can complement new forms of employment. Improved private sector policies to encourage startup activity and competition can help countries compete in the digital age. Governments also need to ensure that firms pay their fair share of taxes, in part to fund this new social contract. The 2019 World Development Report presents an analysis of these issues based upon the available evidence.

Human Capital Investment

Human Capital Investment
Author: Centre for Educational Research and Innovation
Publisher: Org. for Economic Cooperation & Development
Total Pages: 128
Release: 1998
Genre: Business & Economics
ISBN:

Investment in human capital is to the fore of debate and analysis in OECD countries about how to promote economic prosperity, fuller employment, and social cohesion. Individuals, organisations and nations increasingly recognise that high levels of know

Education for Development

Education for Development
Author: George Psacharopoulos
Publisher: Oxford University Press, USA
Total Pages: 360
Release: 1985
Genre: Art
ISBN:

Drawing on the World Bank's twenty years of experience in education sector analysis and research, this book analyzes the policy issues facing educational planners, administrators, and policymakers in developing countries in choosing alternative strategies of educational investment.