A labor-income based measure of the value of human capital: An application to the states of the US: Comments

1997 ◽  
Vol 9 (2) ◽  
pp. 193-196 ◽  
Author(s):  
Paul Wachtel
Keyword(s):  
Human Capital ◽  
Labor Income ◽  
The Us

Military Subsidization of Human Capital and Gender Stratification in the US Economy

2021 ◽  
pp. 048661342098262
Author(s):  
Tyler Saxon
Keyword(s):  
Human Capital ◽  
The United States ◽  
Jel Classification ◽  
Access To Higher Education ◽  
Gender Stratification ◽  
Us Economy ◽  
The Us ◽  
And Gender ◽  
Capital Development ◽  
The Military

In the United States, the military is the primary channel through which many are able to obtain supports traditionally provided by the welfare state, such as access to higher education, job training, employment, health care, and so on. However, due to the nature of the military as a highly gendered institution, these social welfare functions are not as accessible for women as they are for men. This amounts to a highly gender-biased state spending pattern that subsidizes substantially more human capital development for men than for women, effectively reinforcing women’s subordinate status in the US economy. JEL classification: B54, B52, Z13

scholarly journals Kuznets meets Lucas: structural change and human capital

2018 ◽  
Vol 71 (4) ◽  
pp. 848-873
Author(s):  
Edgar Cruz
Keyword(s):  
Human Capital ◽  
Structural Change ◽  
Capital Accumulation ◽  
Human Capital Accumulation ◽  
Relative Prices ◽  
Services Sector ◽  
Us Economy ◽  
The Us ◽  
Balanced Growth Path ◽  
Cross Country

Abstract This paper develops a multi-sector growth model with human capital accumulation. In this model, human capital induces structural change through two channels: changes in relative prices and changes in the investment rate of physical and human capital. We show that the specifications of the model give rise to a generalized balanced growth path (GBGP). Furthermore, We show that the model is consistent with (i) the decline in agriculture, (ii) the hump-shaped of manufacturing, (iii) the rise of the services sector, and (iv) the path of human capital accumulation in the US economy during the 20th century. Given the findings, We outline that imbalances between physical and human capital contribute to explain cross-country differences in the pace of structural change.

scholarly journals International Real Estate Review

2013 ◽  
Vol 16 (1) ◽  
pp. 119-133
Author(s):  
Pnina O. Plaut1 ◽  
◽  
Steven E. Plaut ◽  
Keyword(s):  
Human Capital ◽  
Real Estate ◽  
Ethnic Minorities ◽  
Rental Housing ◽  
Residential Property ◽  
Rental Market ◽  
New Immigrants ◽  
The Us ◽  
Rental Property ◽  
Financial Portfolio

The supply of rental housing is by and large provided by landlord households. Little is understood about the factors, beyond financial portfolio considerations, that affect the inclination of people or households to become landlords. Studies of the American rental market have pointed to differences across income, wealth, ethnicity, and education in the willingness to rent out residential property to others. Here, we examine the question for Israel. We find that income and wealth are positively associated with the inclination to be a landlord. Education has an effect in Israel in contrast to the US (and Australia). Human capital in Israel appears to complement with rental property capital, unlike the case for the US and Australia, where they appear to be substitutes. In most cases, rental property in Israel and housing capital in the landlord's primary residence appear to be complementary. Ethnic minorities and new immigrants are under-represented among landlords. For households who own rental property, the income from such rentals is empirically analyzed.

Optimal Mirrleesean Taxation in a Ben-Porath Economy

2015 ◽  
Vol 7 (2) ◽  
pp. 219-248 ◽  
Author(s):  
Marek Kapička
Keyword(s):  
Human Capital ◽  
Life Cycle ◽  
Income Taxes ◽  
Optimal Tax ◽  
Cycle Economy ◽  
The Us ◽  
Optimal Taxes

I characterize optimal taxes in a life-cycle economy where ability and human capital are unobservable. I show that unobservable human capital effectively makes preferences over labor nonseparable across age. I generalize the static optimal tax formulas to account for such nonseparabilities and show how they depend both on own-Frisch labor elasticities and cross-Frisch labor elasticities. I calibrate the economy to US data. I find that the optimal marginal income taxes decrease with age, in contrast to both the US tax code and to a model with observable human capital. I demonstrate that the behavior of cross-Frisch elasticities is essential in explaining the decline. (JEL D91, H21, H24, J24)

Green returns of labor income and human capital: Empirical evidence of the environmental behavior of households in developing countries

2019 ◽  
Vol 160 ◽  
pp. 105-113 ◽  
Author(s):  
Pablo Ponce ◽  
Rafael Alvarado ◽  
Katerine Ponce ◽  
Raquel Alvarado ◽  
Danny Granda ◽  
...  
Keyword(s):  
Developing Countries ◽  
Human Capital ◽  
Empirical Evidence ◽  
Environmental Behavior ◽  
Labor Income

scholarly journals Aggregate implications of occupational inheritance in China and India

2018 ◽  
Vol 19 (1) ◽  
Author(s):  
Ting Ji
Keyword(s):  
Human Capital ◽  
Labor Market ◽  
Labor Productivity ◽  
Occupational Choice ◽  
Choice Model ◽  
Growth Potential ◽  
China And India ◽  
Productivity Gain ◽  
The Us ◽  
Occupational Inheritance

Abstract This paper documents occupational inheritance – that is, children’s inheritance of their parents’ occupations – in China, India, and other countries. Among the causes of the prevalence of occupational inheritance, we target two broad categories that impede growth: labor market frictions and barriers to human capital acquisition. Counterfactual experiments based on a tractable occupational choice model suggest that if the impediments mentioned above were reduced to the US levels, labor productivity would grow by 60–75% in China and 107–178% in India. China realized 74–89% of this growth potential from the 1980s to 2009. In addition, this productivity gain is accompanied by a decrease in the correlation of intergenerational incomes.

A Human Capital Strategy for Ship Design Acquisition Workforce Improvement: The US Navy's Center for Innovation in Ship Design

2009 ◽  
Vol 121 (4) ◽  
pp. 45-67
Author(s):  
ROBERT G. KEANE ◽  
HOWARD FIREMAN ◽  
JEFFREY J. HOUGH ◽  
KELLY COOPER
Keyword(s):  
Human Capital ◽  
Ship Design ◽  
Acquisition Workforce ◽  
The Us
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