Human Capital Model

GPTKB entity

Statements (23)
Predicate Object
gptkbp:instanceOf Economic Model
gptkbp:criticizedFor Assuming rational actors
Ignoring social and institutional factors
gptkbp:describes Investment in Education
Investment in Health
Investment in Training
gptkbp:field gptkb:Labor_Economics
Economics
https://www.w3.org/2000/01/rdf-schema#label Human Capital Model
gptkbp:influencedBy gptkb:Neoclassical_Economics
gptkbp:introducedIn 1960s
gptkbp:originatedIn gptkb:Theodore_Schultz
gptkb:Gary_Becker
gptkb:Jacob_Mincer
gptkbp:proposedBy Education increases earnings
Skills and knowledge increase productivity
gptkbp:relatedTo gptkb:Human_Development_Index
gptkb:Endogenous_Growth_Theory
gptkbp:usedFor Policy Making
Education Policy
Wage Analysis
gptkbp:bfsParent gptkb:Endogenous_Growth_Theory
gptkbp:bfsLayer 6