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Full-Text Articles in Labor Economics
The Role Of Human Capital In Wealth Accumulation, Thomas Scheiding
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.
How Do Varying Investments In Human Capital Differentially Effect Men's And Women's Income?, Dieter Haager
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 …