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Old Dominion University

Educational Foundations & Leadership Theses & Dissertations

2011

Economics

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Education And Economy: The Impact Of Investment In Human Capital Through Education On Unemployment, Zafer Pirim Jan 2011

Education And Economy: The Impact Of Investment In Human Capital Through Education On Unemployment, Zafer Pirim

Educational Foundations & Leadership Theses & Dissertations

The impact of investment in human capital on economy has always been discussed in the literature. Existing studies in the literature generally focus on short term impacts of investment in human capital. While some studies see significant impact, some other ones see little or no impact. This study manipulated data that was cover a long span of time, a 25-year period. In this study the researcher inquired whether there is a significant correlation between education and economy in terms of the impacts of investment in human capital on unemployment over a long span of time. In this empirical study panel …