Arbeitspapier
Human capital prices, productivity and growth
Separate identification of the price and quantity of human capital has important implications for understanding key issues in economics. Price and quantity series are derived for four education levels. The price series are highly correlated and they exhibit a strong secular trend. Three resulting implications are explored: the rising college premium is found to be driven more by relative quantity than relative price changes, life-cycle wage profiles are readily interpretable as reflecting optimal human capital investment paths using the estimated price series, and adjusting the labor input for quality increases dramatically reduces the contribution of MFP to growth.
- Sprache
-
Englisch
- Erschienen in
-
Series: CIBC Working Paper ; No. 2010-4
- Klassifikation
-
Wirtschaft
- Thema
-
Humankapital
Bildungsinvestition
Preis
Produktivität
Lohnniveau
Wirtschaftswachstum
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Bowlus, Audra J.
Robinson, Chris
- Ereignis
-
Veröffentlichung
- (wer)
-
The University of Western Ontario, CIBC Centre for Human Capital and Productivity
- (wo)
-
London (Ontario)
- (wann)
-
2010
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:46 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Bowlus, Audra J.
- Robinson, Chris
- The University of Western Ontario, CIBC Centre for Human Capital and Productivity
Entstanden
- 2010
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