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Human Capital
Human Capital
13
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Definitions
Skills
Skills
Labor Economics
Workforce
Human Capital
The ability to perform certain tasks satisfactorily which may involve physical dexterity, mental ability, or both.
Read more about Skills.
Definitions
Ability and Earnings
Economics
Labor Economics
Human Capital
The relationship between an individual's inherent abilities and their earnings potential.
Read more about Ability and Earnings.
Definitions
Age-Earnings Profile
Labor Economics
Human Capital
Earnings
Demographics
The relationship between age and the mean earnings of workers of that age.
Read more about Age-Earnings Profile.
Definitions
Brain Drain
Migration
Labor Market
Human Capital
Economics
Globalization
A pejorative description of the tendency for talented individuals to migrate from poorer countries to richer countries in search of better employment opportunities and living standards.
Read more about Brain Drain.
Definitions
Capital
Capital
Physical Capital
Human Capital
A formal definition and detailed exploration of the economic term 'capital,' including its various forms and implications.
Read more about Capital.
Definitions
Earnings Function
Economics
Labor Market
Human Capital
Earnings Function
The relationship between earnings in the labor market and the human-capital stock accumulated by an individual.
Read more about Earnings Function.
Definitions
Endogenous Growth
Endogenous Growth
Economic Growth
Innovation
Human Capital
Economic growth where the growth rate is determined by the choices of economic agents.
Read more about Endogenous Growth.
Definitions
Firm-Specific Human Capital
Human Capital
Labor Economics
Organizational Behavior
Specialized skills, experience, or qualifications which are of value only to one specific employer.
Read more about Firm-Specific Human Capital.
Definitions
Human Capital
Human Capital
Economics
Labor Productivity
Economic Growth
The stock of knowledge, skills, and abilities that determine the labor productivity of an individual.
Read more about Human Capital.
Definitions
Learning by Doing
Economics
Productivity
Endogenous Growth
Human Capital
The concept that productivity increases through practice and experience.
Read more about Learning by Doing.
Definitions
Skilled Work
Skilled Work
Labor Economics
Human Capital
Work requiring specialized knowledge, technical qualifications, or experience.
Read more about Skilled Work.
Definitions
Social Returns to Education
Economics
Education
Human Capital
Externalities
Productivity
Externalities generated by the education of individuals that benefit society beyond individual wages.
Read more about Social Returns to Education.
Definitions
Two-Sector Endogenous Growth Model
Endogenous Growth
Two-Sector Model
Economic Growth
Human Capital
A model in which physical and human capitals are produced in different sectors, leading to endogenous steady-state growth.
Read more about Two-Sector Endogenous Growth Model.
Economics Terms Lexicon
Ultimate Dictionary of Economics and Beyond.
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