The Implications of the Economic Theory of Human Capital for Personnel Management

Research in labour economics during the past several years has led to the development of the theory of human capital. This theory deals with a variety of issues concerning the productivity of people as the result of their human capital.

[1]  Walter Y. Oi,et al.  Labor as a Quasi-Fixed Factor , 1962, Journal of Political Economy.

[2]  D. Dittman,et al.  On the Existence of Unrecorded Human Assets: An Economic Perspective , 1976 .

[3]  Donald O. Parsons,et al.  Specific Human Capital: An Application to Quit Rates and Layoff Rates , 1972, Journal of Political Economy.

[4]  D. Mayers.  Nonmarketable Assets and the Determination of Capital Asset Prices in the Absence of a Riskless Asset , 1973 .

[5]  Zvi Griliches,et al.  Education, Income, and Ability , 1972, Journal of Political Economy.

[6]  Theodore W. Schultz,et al.  Capital Formation by Education , 1960, Journal of Political Economy.

[7]  Y. Ben-Porath.  The Production of Human Capital and the Life Cycle of Earnings , 1967, Journal of Political Economy.

[8]  John H. Pencavel,et al.  Wages, Specific Training, and Labor Turnover in US Manufacturing Industries , 1972 .

[9]  M. Hashimoto.  Wage Reduction, Unemployment and Specific Human Capital , 1975 .

[10]  J. Mincer.  Investment in Human Capital and Personal Income Distribution , 1958, Journal of Political Economy.

[11]  J. Mincer.  On-the-Job Training: Costs, Returns, and Some Implications , 1962, Journal of Political Economy.

[12]  D. O. Parsons.  The Cost of School Time, Foregone Earnings, and Human Capital Formation , 1974, Journal of Political Economy.

[13]  G. Psacharopoulos,et al.  Investment in Human Capital. , 1972 .

[14]  Theodore W. Schultz,et al.  Reflections on Investment in Man , 1962, Journal of Political Economy.

[15]  John C. Hause.  Earnings Profile: Ability and Schooling , 1972, Journal of Political Economy.

[16]  R. England.  Ability, Opportunity, and the Distribution of Income: A Review of Becker and Mincer , 1972 .

[17]  G. Becker,et al.  Investment in Human Capital: A Theoretical Analysis , 1962, Journal of Political Economy.

[18]  E. Fama,et al.  Human capital and capital market equilibrium , 1977 .