Occupational Differences in the Determination of U.S. Workers'Earnings: Both the Human Capital and the Structured Labor Market Hypotheses Are Useful in Analysis

1987 ◽  
Vol 46 (4) ◽  
pp. 431-443 ◽  
Author(s):  
Nan L. Maxwell
Keyword(s):  
Human Capital ◽  
Labor Market ◽  
Occupational Differences

scholarly journals The Use of Human Capital and Limitations of Social Capital in Advancing Economic Security among Immigrant Women Living in Central Alberta, Canada

2018 ◽  
Vol 7 (11) ◽  
pp. 220 ◽  
Author(s):  
Choon-Lee Chai ◽  
Kayla Ueland ◽  
Tabitha Phiri
Keyword(s):  
Social Capital ◽  
Human Capital ◽  
Labor Market ◽  
Immigrant Women ◽  
Economic Security ◽  
Economic Resources ◽  
Bonding Social Capital ◽  
Initial Stage ◽  
English Speaking ◽  
Alternative Resource

In this research, the challenges of using human capital and the effectiveness of social capital as an alternative resource used by immigrant women from non-English-speaking countries living in Central Alberta for them to attain economic security are studied. Evidence indicates heavy use of bonding social capital by immigrant women—primarily through family, ethnic, and religious networks—as a “survival” resource at the initial stage of settlement. The bonding social capital is relatively easy to access; nevertheless, in the case of visible minority immigrant women living in Central Alberta, bonding social capital has limited capacity in helping them to obtain economic security because their family and friends themselves often lack economic resources. As a result, these immigrant women are expected to compete in the labor market using their human capital to obtain higher-paying jobs. The challenge among immigrant women remains in seeking recognition of non-Canadian credentials, and/or successful acquisition and deployment of Canadian credentials in the primary labor market.

scholarly journals HUMAN CAPITAL AND ITS ROLE IN THE FOURTH INDUSTRIAL REVOLUTION

2021 ◽  
Author(s):  
Yelyzaveta Snitko ◽  
Yevheniia Zavhorodnia
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Labor Market ◽  
Technological Change ◽  
Industrial Revolution ◽  
Skilled Workers ◽  
Fourth Industrial Revolution ◽  
Modern Economy ◽  
The Future ◽  
The Impact

The development of a modern economy, in the context of the fourth industrial revolution, is impossible without the accumulation and development of human capital, since the foundation of the transformation of the economic system in an innovative economy is human capital. In this regard, the level of development and the efficiency of using human capital are of paramount importance. This article attempts to assess the role of human capital in the fourth industrial revolution. In the future, human talent will play a much more important role in the production process than capital. However, it will also lead to a greater division of the labor market with a growing gap between low-paid and high-paid jobs, and will contribute to an increase in social tensions. Already today, there is an increase in demand for highly skilled workers, especially in high-income countries, with a decrease in demand for workers with lower skills and lower levels of education. Analysis of labor market trends suggests that the future labor market is a market where there is simultaneously a certain demand for both higher and lower skills and abilities, combined with the devastation of the middle tier. The fourth industrial revolution relies heavily on the concept of human capital and the importance of finding complementarity between human and technology. In assessing the impact of the fourth industrial revolution, the relationship between technology, economic growth and human resources was examined. The analysis was carried out in terms of three concepts of economic growth, technological change and human capital. Human capital contributes to the advancement of new technologies, which makes the concept of human capital an essential factor in technological change. The authors emphasize that the modern economy makes new demands on workers; therefore it is necessary to constantly accumulate human capital, develop it through continuous learning, which will allow the domestic economy to enter the trajectory of sustainable economic growth. The need to create conditions for a comprehensive increase in the level of human capital development is noted.

scholarly journals Different Patterns of Labor Market Integration by Migration Motivation in Europe: The Role of Host Country Human Capital

2018 ◽  
Vol 53 (1) ◽  
pp. 59-89 ◽  
Author(s):  
Wouter Zwysen
Keyword(s):  
Human Capital ◽  
Labor Market ◽  
Host Country ◽  
Market Integration ◽  
Ad Hoc ◽  
Labour Force ◽  
Occupational Status ◽  
Substantial Part ◽  
Market Outcomes ◽  
Labor Market Integration

We study whether the acquisition of host country human capital, such as obtaining equivalent qualifications, good language skills, or naturalization, explains differences in labor market integration between migrants depending on their initial motivation. We use cross-national European data from the 2008 ad hoc module of the Labour Force Survey to analyze migrant gaps in labor market participation, employment, occupational status, and precarious employment. We find that different rates of and returns to host country human capital explain a substantial part of the improvements in labor market outcomes with years of residence, particularly for noneconomic migrants who experience faster growth on average.

Innovations in human resources management: impact on economic growth

2021 ◽  
Vol 5 (3) ◽  
pp. 53-65
Author(s):  
Monika Danova ◽  
Ivana Kravcakova Vozarova ◽  
Elena Sira
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Economic Performance ◽  
Human Resources Management ◽  
Precise Determination ◽  
P Value ◽  
Strong Impact ◽  
Literary Sources ◽  
The Impact

In recent years, human capital has become increasingly emphasized as a factor of economic growth. Managing human capital could stimulate the whole economy to better performance in competitiveness. Although these indicators include several variables, there is no precise determination of which indicator mostly affects the country's economic growth. This paper summarizes the knowledge and approaches of several authors in the field of economic growth, knowledge economy, competitiveness, innovations and individual elements affecting these areas. It outlines the findings and provides some insight into the impact of individual factors on economic growth across recent studies. The main goal is to obtain information about the impact of education, its support, and its influence on economic performance on the example of empirical data documenting the qualitative parameters of the workforce. The use of selected indicators indicated their impact on the change in economic performance. The partial objective is to identify an indicator or set of indicators that could express the impact of human capital on economic growth. The study involved research methods such as analyzes, statistical methods such as correlation and p-value, and prediction for the next period based on past developments. The research object is the V4 countries – the Czech Republic, Slovakia, Hungary, and Poland. The findings pointed to the strong impact of the analyzed factors on economic growth. Besides, they showed which of the known ways to increase the efficiency of the labor factor were actually or little used in the sample countries. Undoubtedly, there is also an indicative and interesting comparison within a group or with other economies at a comparable economic and social development level. Finally, improvements to the current situation were proposed. The systematization of literary sources and approaches to economic growth helps identify possible proposals for improving competitiveness in the future, using innovative approaches.

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