Human Capital Returns To Education
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Author | : Gary S. Becker |
Publisher | : |
Total Pages | : 0 |
Release | : 2009 |
Genre | : |
ISBN | : |
A diverse array of factors may influence both earnings and consumption; however, this work primarily focuses on the impact of investments in human capital upon an individual's potential earnings and psychic income. For this study, investments in human capital include such factors as educational level, on-the-job skills training, health care, migration, and consideration of issues regarding regional prices and income. Taking into account varying cultures and political regimes, the research indicates that economic earnings tend to be positively correlated to education and skill level. Additionally, studies indicate an inverse correlation between education and unemployment. Presents a theoretical overview of the types of human capital and the impact of investment in human capital on earnings and rates of return. Then utilizes empirical data and research to analyze the theoretical issues related to investment in human capital, specifically formal education. Considered are such issues as costs and returns of investments, and social and private gains of individuals. The research compares and contrasts these factors based upon both education and skill level. Areas of future research are identified, including further analysis of issues regarding social gains and differing levels of success across different regions and countries. (AKP).
Author | : Keeley Brian |
Publisher | : OECD Publishing |
Total Pages | : 150 |
Release | : 2007-02-20 |
Genre | : |
ISBN | : 9264029095 |
This book explores the impact of education and learning on our societies and lives and examines what countries are doing to provide education and training to support people throughout their lives.
Author | : Ronald A. Wykstra |
Publisher | : Free Press |
Total Pages | : 308 |
Release | : 1971 |
Genre | : Business & Economics |
ISBN | : |
Compilation of writings on the economic implications of expenditure on education as a form of investment in human resources development (human capital), with particular reference to the USA - includes papers on various economic theories concerning the relationship between economic growth and national budget for education and covers cost benefit analysis considerations, the adjustment of educational structure to the requirements of economic development, etc. Bibliography pp. 266 to 268, references and statistical tables.
Author | : Phillip Brown |
Publisher | : Oxford University Press |
Total Pages | : 224 |
Release | : 2020-09-24 |
Genre | : Social Science |
ISBN | : 0190644338 |
Human capital theory, or the notion that there is a direct relationship between educational investment and individual and national prosperity, has dominated public policy on education and labor for the past fifty years. In The Death of Human Capital?, Phillip Brown, Hugh Lauder, and Sin Yi Cheung argue that the human capital story is one of false promise: investing in learning isn't the road to higher earnings and national prosperity. Rather than abandoning human capital theory, however, the authors redefine human capital in an age of smart machines. They present a new human capital theory that rejects the view that automation and AI will result in the end of waged work, but see the fundamental problem as a lack of quality jobs offering interesting, worthwhile, and rewarding opportunities. A controversial challenge to the reigning ideology, The Death of Human Capital? connects with a growing sense that capitalism is in crisis, felt by students and the wider workforce, shows what's at stake in the new human capital while offering hope for the future.
Author | : George Psacharopoulos |
Publisher | : |
Total Pages | : 240 |
Release | : 1973 |
Genre | : Education |
ISBN | : |
Author | : Sarah Christina Dahmann |
Publisher | : |
Total Pages | : |
Release | : 2016 |
Genre | : |
ISBN | : |
Author | : Gary S. Becker |
Publisher | : University of Chicago Press |
Total Pages | : 413 |
Release | : 2009-05-15 |
Genre | : Business & Economics |
ISBN | : 0226041220 |
Human Capital is Becker's classic study of how investment in an individual's education and training is similar to business investments in equipment. Recipient of the 1992 Nobel Prize in Economic Science, Gary S. Becker is a pioneer of applying economic analysis to human behavior in such areas as discrimination, marriage, family relations, and education. Becker's research on human capital was considered by the Nobel committee to be his most noteworthy contribution to economics. This expanded edition includes four new chapters, covering recent ideas about human capital, fertility and economic growth, the division of labor, economic considerations within the family, and inequality in earnings. "Critics have charged that Mr. Becker's style of thinking reduces humans to economic entities. Nothing could be further from the truth. Mr. Becker gives people credit for having the power to reason and seek out their own best destiny."—Wall Street Journal
Author | : Phillip Brown |
Publisher | : Oxford University Press, USA |
Total Pages | : 321 |
Release | : 2020 |
Genre | : Education |
ISBN | : 0190644303 |
"Human capital theory, or the notion that there is a direct relationship between educational investment and prosperity, has governed Western approaches to education and labor for the past fifty years. However, many degree recipients have experienced the opposite. This book demonstrates that the human capital story is one of a failed revolution that requires an alternative approach to education, jobs, and income inequalities. Rather than abandoning human capital theory, the book calls for a broader view of education not merely as schooling, but as the process of acquiring the skills necessary to take on a flexible range of jobs and roles. In a rapidly changing job market, workers will need to capitalize on the skills, talents, and personality traits that they have honed through a lifetime of learning, rather than their academic credentials. A controversial challenge to the reigning ideology on economics and education, this text provides important insights into the current plight of the overqualified, underemployed labor market"--
Author | : Allan R. Odden |
Publisher | : Routledge |
Total Pages | : 263 |
Release | : 2011-03 |
Genre | : Education |
ISBN | : 1136858261 |
Strategic Management of Human Capital in Education offers a comprehensive and strategic approach to address what has become labeled as "talent and human capital." Grounded in extensive research and examples of leading edge districts, this book shows how the entire human resource system in schools—from recruitment, to selection/placement, induction, professional development, performance management and evaluation, compensation, and career progression—can be reformed and restructured to boost teacher and principal effectiveness in ways that dramatically improve instructional practice and student learning. Strategic Management of Human Capital in Education guides educators towards putting more effective teachers, teacher leaders, and principals in the country’s schools—especially in poverty-impacted urban and rural communities—equipping those teacher and principals with instructional and leadership expertise, and rewarding and retaining those who are successful in attaining these objectives. Drawing from cases, experiences, and deliberations from a national task force, this book outlines a comprehensive framework for how to transform current human resource management practices into authentic, strategic talent management systems in order to improve student achievement.
Author | : Alberto Bucci |
Publisher | : Springer Nature |
Total Pages | : 384 |
Release | : 2019-11-26 |
Genre | : Business & Economics |
ISBN | : 3030215997 |
This edited collection explores the links between human capital (both in the form of health and in the form of education), demographic change, and economic growth. Using empirical as well as theoretical perspectives, the authors investigate several important issues in the context of human capital, namely population ageing, inequality, public policy, and long-term economic development. Ultimately, they demonstrate that the accumulation of human capital is of crucial importance to long-run economic growth.