Open Access. Powered by Scholars. Published by Universities.®

Social and Behavioral Sciences Commons

Open Access. Powered by Scholars. Published by Universities.®

Economics

Illinois Wesleyan University

University Avenue Undergraduate Journal of Economics

Human capital

Publication Year

Articles 1 - 4 of 4

Full-Text Articles in Social and Behavioral Sciences

The Economics Of Dowry: Causes And Effects Of An Indian Tradition, Tonushree Jaggi Jan 2001

The Economics Of Dowry: Causes And Effects Of An Indian Tradition, Tonushree Jaggi

University Avenue Undergraduate Journal of Economics

I argue that dowries exist because of a combination of two reasons. First, there is an excess supply of women in the Indian marriage market that results in the use of dowry as an equilibrating mechanism. Secondly, a differential in the patterns of human capital accumulation of men and women have led to a larger positive benefit from marriage for women than for men, the net difference of which is theoretically equivalent to the amount of the dowry. Both these explanations for the existence of dowry are fundamentally grounded in the powerful social and cultural ideologies of marriage held by …


How Do Varying Investments In Human Capital Differentially Effect Men's And Women's Income?, Dieter Haager Jan 2000

How Do Varying Investments In Human Capital Differentially Effect Men's And Women's Income?, Dieter Haager

University Avenue Undergraduate Journal of Economics

The purpose of my research is to determine if equally qualified college-educated men receive more compensation than college-educated women do after several years of experience in the labor force. The empirical model will include several variables to account for investments in human capital, which will help to establish if the individuals are equally qualified. The variables include controls for education, mobility, migration and area of residence. I am specifically looking to analyze the effects of human capital investment on income. I will also be paying particular attention to the depreciation of human capital, which may occur as a result of …


The Role Of Human Capital In Wealth Accumulation, Thomas Scheiding Jan 2000

The Role Of Human Capital In Wealth Accumulation, Thomas Scheiding

University Avenue Undergraduate Journal of Economics

After an introduction to the fundamental elements of human capital theory, I will define the characteristics of general and specific human capital, and show who pays for and yields the benefits from investment in each component. I will then proceed to explain why understanding the magnitude of the rate of return in terms of wealth is imperative, both theoretically and practically. After I develop testable hypotheses, I will introduce the data set to be used, and present my model. Finally, I present the regression results, and provide a direction for future research in this area.


The Effects On Labor Of Post-Industrial Globalization: A Comparison Of Marxist And Non-Marxist Paradigms, Louis Hyman Jan 1999

The Effects On Labor Of Post-Industrial Globalization: A Comparison Of Marxist And Non-Marxist Paradigms, Louis Hyman

University Avenue Undergraduate Journal of Economics

In this paper I will be examining the changes in labor conditions that have occurred during the last ten years, how they are intimately linked to new notions of information technology and the rise of a global economic perspective. I will compare the [Marxist and non-Marxist] trains of thought as well, and attempt to provide a notion of where I believe them to be sufficient and lacking. If these new notions of globalized post-industrial labor resolve the antagonism between Labor and Capital, they would signal a critical shift in the socioeconomic dynamics of the world, similar in importance to the …