scholarly journals School Quality, Labor Markets and Human Capital Investments: Long-Term Impacts of an Early Stage Education Intervention in the Philippines

2012 ◽  
Author(s):  
Futoshi Yamauchi ◽  
Yanyan Liu
Keyword(s):  
Human Capital ◽  
Labor Markets ◽  
School Quality ◽  
Early Stage ◽  
The Philippines ◽  
Education Intervention ◽  
Capital Investments ◽  
Human Capital Investments

General versus Specific Skills in Labor Markets with Search Frictions and Firing Costs

2006 ◽  
Vol 96 (3) ◽  
pp. 811-831 ◽  
Author(s):  
Etienne Wasmer
Keyword(s):  
Human Capital ◽  
Labor Markets ◽  
Pure Strategy ◽  
Employment Protection ◽  
Capital Investments ◽  
High Turnover ◽  
Firing Costs ◽  
General Skills ◽  
Human Capital Investments ◽  
Specific Human Capital

Human capital investments are not independent of the aggregate state of labor markets: frictions and slackness of the labor market raise the returns to specific human capital investments relative to general investments. We build a macroeconomic model with two pure strategy regimes. In the pure G-regime, workers invest in general skills. This occurs when they face high turnover labor markets and in the absence of employment protection. The pure 5-regime in which workers invest in skills specific to their job appears when employment protection is high enough. Implications for a characterization of Europe-United States differences are provided in conclusion.

Active Labour Market Policy and Unemployment Scarring: A Ten-year Swedish Panel Study

2008 ◽  
Vol 37 (3) ◽  
pp. 357-382 ◽  
Author(s):  
MATTIAS STRANDH ◽  
MADELENE NORDLUND
Keyword(s):  
Human Capital ◽  
Labour Market ◽  
Capital Investments ◽  
Labour Market Policy ◽  
Active Labour Market Policy ◽  
Market Policy ◽  
Active Labour ◽  
Human Capital Investments ◽  
Over Time

AbstractPrevious studies have shown mixed results concerning the effects of participation in active labour market policy programmes (ALMPs) on the longer-term scars in the form of poor income development and low job stability following the end of an unemployment spell. Most previous studies, however, have been limited both in the time frame used and to particular programmes. We argue that human capital investments are long-term investments and should therefore also be investigated from a long-term perspective. ALMP training and ALMPs as subsidised employment also represent different types of human capital investments that may produce effects that are differently distributed over time. In order to handle these issues, this article uses a longitudinal register-based dataset in which all long-term (more than six months) unemployed Swedes in 1993, who had no labour market problems in 1992, were followed for ten years. We found positive effects of ALMP participation concerning both the probability of reaching pre-unemployment incomes and a reduction in the hazard of exiting the labour market, while the effect on the probability of having an unemployment-free year was mixed. The effects of the two forms of ALMPs were differently distributed over time, with ALMP employment having an immediate effect that decreased relatively quickly and ALMP training having a longer-term effect.

scholarly journals Inwestycje w kapitał ludzki w ramach polityki spójności a rozwój regionalny

2021 ◽  
pp. 105-126
Author(s):  
Wanda Biedka
Keyword(s):  
Human Capital ◽  
Regional Development ◽  
Development Strategy ◽  
Capital Investments ◽  
Cohesion Policy ◽  
The Public ◽  
Public Investments ◽  
Complex Development ◽  
Human Capital Investments

Investments in human capital within the cohesion policy and their impact on regional development The aim of this paper is to systematize the existing literature on the effects of cohesion policy and specifically on the effectiveness of public investments in human capital through typology of research. The conclusions are used to give recommendations both for the academic as well as the public sector. There is a need for long-term statistical and macroeconomic analyses as well as in-depth qualitative research on the quality of interventions and differences between different types of investments. While there is a lot of potential in human capital investments to stimulate regional development, they are not a sole key to success and should rather be considered as part of a horizontal and complex development strategy.

Human Capital in the Economic System of Modern Society: the Mechanism of Formation, Investment and Development Prospects in Ukraine

2019 ◽  
pp. 105-109
Author(s):  
S. Zhukov ◽  
V. Zelic ◽  
S. Soima
Keyword(s):  
Human Capital ◽  
Modern Society ◽  
Capital Investments ◽  
Mechanism Of Formation ◽  
Strategic Development ◽  
Education And Health ◽  
Economic State ◽  
Human Capital Investments ◽  
State Of Affairs ◽  
Development Prospects

As a result of the conducted research the problems of development of human capital and basic pre-conditions of providing of his competitiveness are certain. Analyzed the loud speaker of charges on development of education and health protection of summary budget of Ukraine and measures on the improvement of economic situation in Ukraine and providing of development of human capital are offered. The basic types of investments are certain in a human capital on levels and subjects of investing. The mechanism of forming of human capital is presented. The mechanism of forming of human capital is presented. It is grounded, that for strategic development of human capital of Ukraine and achievement of equilibrium and balanced of economy in the conditions of globalization modernization of public policy is needed in area of education, namely, creation of the system of education, oriented to forming and development of skills and jurisdictions of man, necessary for innovative activity. Keywords human capital, investments in a human capital, competitiveness, economic state of affairs, payment for work.

scholarly journals Occupational Choice and Investments in Human Capital in Informal Economies

2020 ◽  
Vol 0 (0) ◽  
Author(s):  
Lucila Berniell
Keyword(s):  
Human Capital ◽  
Informal Economy ◽  
Occupational Choice ◽  
Capital Investments ◽  
Educational Decisions ◽  
Managerial Skills ◽  
Model Predictions ◽  
Informal Economies ◽  
Human Capital Investments ◽  
Cross Country

AbstractInformality is pervasive in many developing countries and it can affect occupational and educational decisions. Cross-country data shows that the rate of entrepreneurship as well as the gap between the skill premium for entrepreneurs and for workers increase with the size of the informal economy. Also, in countries with larger informal sectors the fraction of high-skilled individuals that choose to be entrepreneurs is larger. To explain these facts, I develop a model economy with human capital investments, occupational choice and an informal sector, in which the investment in human capital improves the efficiency of labor as well as managerial skills, and the technology to produce goods exhibits capital-skill complementarity. Model predictions can account for cross-country evidence and also shed light on the mechanisms at work when the level of informality in the economy increases. In particular, a higher level of informality discourages human capital investments for workers while it incentivizes these investments for the case of some managers, mostly informal but talented.

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