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Human capital (HC), from the economical point of view, is defined as a stock variable that represents the capacity of an individual generated by investment in education and work experience to produce a sustained flow of income throughout the life span. The proposed approaches that consider HC as...
Persistent link: https://www.econbiz.de/10005311370
Persistent link: https://www.econbiz.de/10005331963
The present paper focuses on statistical models for estimating Human Capital (HC) at disaggregated level (worker, household, graduates). The more recent literature on HC as a latent variable states that HC can be reasonably considered a broader multi-dimensional non-observable construct,...
Persistent link: https://www.econbiz.de/10009318196
A new approach for the estimation and the validation of a Structural Equation Model with a formative-reflective scheme is presented. The basis of the paper is a proposal for overcoming a potential deficiency of PLS Path Modeling. In the PLS approach the reflective scheme assumed for the...
Persistent link: https://www.econbiz.de/10005800578
Dagum and Slottje (2000) estimated household human capital (HC) as a latent variable (LV) and proposed its monetary estimation by means of an actuarial approach. This paper introduces an improved method for the estimation of household HC as an LV by means of formative and reflective indicators...
Persistent link: https://www.econbiz.de/10005644510
The present paper addresses in detail the specification of a model that values the effectiveness of institutional plans within clinical or epidemiologist projects previewing the supply of a service to the person and jointly the effectiveness of agencies (Agents) that distribute the same service...
Persistent link: https://www.econbiz.de/10008774055
Dagum and Slottje (2000) estimated household Human Capital (HC) as a Latent Variable (LV) proposing its monetary estimation by means of an actuarial approach. This paper introduces an improved method for the estimation of household HC as LV by means of formative and reflective indicators in...
Persistent link: https://www.econbiz.de/10008774084