scispace - formally typeset


Human capital

About: Human capital is a(n) research topic. Over the lifetime, 39896 publication(s) have been published within this topic receiving 1162689 citation(s).

More filters
Journal ArticleDOI
Abstract: In this paper, the concept of social capital is introduced and illustrated, its forms are described, the social structural conditions under which it arises are examined, and it is used in an analys...

30,215 citations

Journal ArticleDOI
Abstract: Thls paper considers the prospects for constructing a neoclassical theory of growth and international trade that is consistent with some of the main features of economic development. Three models are considered and compared to evidence: a model emphasizing physical capital accumulation and technological change, a model emphasizing human capital accumulation through schooling, and a model emphasizing specialized human capital accumulation through learning-by-doing.

16,020 citations

15 May 2009
Abstract: "Human Capital" is Becker's study of how investment in an individual's education and training is similar to business investments in equipment. Becker looks at the effects of investment in education on earnings and employment, and shows how his theory measures the incentive for such investment, as well as the costs and returns from college and high school education. Another part of the study explores the relation between age and earnings. This edition includes four new chapters, covering recent ideas about human capital, fertility and economic growth, the division of labour, economic considerations within the family, and inequality in earnings.

12,071 citations

Posted Content
Abstract: Growth in this model is driven by technological change that arises from intentional investment decisions made by profit maximizing agents. The distinguishing feature of the technology as an input is that it is neither a conventional good nor a public good; it is a nonrival, partially excludable good. Because of the nonconvexity introduced by a nonrival good, price-taking competition cannot be supported, and instead, the equilibriumis one with monopolistic competition. The main conclusions are that the stock of human capital determines the rate of growth, that too little human capital is devoted to research in equilibrium, that integration into world markets will increase growth rates, and that having a large population is not sufficient to generate growth.

9,934 citations

01 May 1974
Abstract: Analyzes the distribution of worker earnings across workers and over the working age as consequences of differential investments in human capital. The study also develops the human capital earnings function, an econometric tool for assessing rates of return and other investment parameters.

8,440 citations

Network Information
Related Topics (5)

71.7K papers, 1.7M citations

84% related
Empirical research

51.3K papers, 1.9M citations

83% related

86.9K papers, 1.8M citations

82% related

81.8K papers, 1.7M citations

81% related
Public policy

76.7K papers, 1.6M citations

80% related
No. of papers in the topic in previous years