Human Capital Accumulation Education And Earnings Inequality
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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.
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 | : Daniele Checchi |
Publisher | : Cambridge University Press |
Total Pages | : 5 |
Release | : 2006-03-23 |
Genre | : Political Science |
ISBN | : 1139449370 |
In an important contribution to educational policy, Daniele Checchi offers an economic perspective on the demand and supply of education. He explores the reasons why, beyond a certain point, investment in education has not resulted in reductions in social inequalities. Starting with the seminal work of Gary Becker, Checchi provides an extensive survey of the literature on human capital and social capital formation. He draws on individual data on intergenerational transmission of income and education for the USA, Germany and Italy, as well as aggregate data on income and educational inequality for a much wider range of countries. Checchi explores whether resources spent in education are effective in raising students' achievement, as well as analysing alternative ways of financing education. The Economics of Education thus provides the analytical tools necessary to understand the complex relationships between current income inequality, access to education and future inequality.
Author | : Theo S. Eicher |
Publisher | : MIT Press |
Total Pages | : 343 |
Release | : 2003 |
Genre | : Economic development |
ISBN | : 0262050692 |
Essays exploring the relationship between economic growth and inequality and the implications for policy makers.
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.
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 355 |
Release | : 2018-06-15 |
Genre | : |
ISBN | : 9264301089 |
This report provides new evidence on social mobility in the context of increased inequalities of income and opportunities in OECD and selected emerging economies. It covers the aspects of both, social mobility between parents and children and of personal income mobility over the life course, ...
Author | : Leah Platt Boustan |
Publisher | : University of Chicago Press |
Total Pages | : 419 |
Release | : 2014-11-05 |
Genre | : Business & Economics |
ISBN | : 022616389X |
This volume honours the contributions Claudia Goldin has made to scholarship and teaching in economic history and labour economics. The chapters address some closely integrated issues: the role of human capital in the long-term development of the American economy, trends in fertility and marriage, and women's participation in economic change.
Author | : Mr.Shekhar Aiyar |
Publisher | : International Monetary Fund |
Total Pages | : 23 |
Release | : 2019-02-15 |
Genre | : Business & Economics |
ISBN | : 1484396987 |
We posit that the relationship between income inequality and economic growth is mediated by the level of equality of opportunity, which we identify with intergenerational mobility. In economies characterized by intergenerational rigidities, an increase in income inequality has persistent effects—for example by hindering human capital accumulation— thereby retarding future growth disproportionately. We use several recently developed internationally comparable measures of intergenerational mobility to confirm that the negative impact of income inequality on growth is higher the lower is intergenerational mobility. Our results suggest that omitting intergenerational mobility leads to misspecification, shedding light on why the empirical literature on income inequality and growth has been so inconclusive.
Author | : Ju-Ho Lee |
Publisher | : Edward Elgar Publishing |
Total Pages | : 431 |
Release | : |
Genre | : Economic development |
ISBN | : 1786436973 |
During recent decades, Korea has been one of only a handful of countries that have made the successful transformation to become a developed nation by simultaneously achieving persistent economic growth combined with a democratic political system. Experts and political leaders worldwide have attributed this achievement to investments in people or, in other words, the power of education. Whilst numerous books have highlighted the role of industrial policies, technological growth, and international trade in Korea’s development process, this is one of the first to focus on the role of human capital. It shows how the accumulation of human capital aided transformation and helps explain the policies, strategies and challenges that Korea faces now and in the future.
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.