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In this paper, a few theoretical issues will be raised regarding the relationship between the distribution of human capital and that of human wealth. Special attention will be paid to the empirical implications of the analysis
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One problem with the theory of firm-specific human capital is that it is difficult to generate convincing examples of investment that could generate the sometimes observed large and continuing effects on earnings. Another approach, called the skill-weights' view, allows all skills to be general...
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Background facts / James Piereson -- The broad-based rise in return to top talent / Joshua D. Rauh -- The economic determinants of top income inequality / Charles I. Jones -- Intergenerational mobility and income inequality / Jörg L. Spenkuch -- The effects of redistribution policies on growth...
Persistent link: https://www.econbiz.de/10011411358
One problem with the theory of firm-specific human capital is that it is difficult to generate convincing examples of investment that could generate the sometimes observed large and continuing effects on earnings. Another approach, called the ?skill-weights? view, allows all skills to be general...
Persistent link: https://www.econbiz.de/10010261549
In this paper, a few theoretical issues will be raised regarding the relationship between the distribution of human capital and that of human wealth. Special attention will be paid to the empirical implications of the analysis
Persistent link: https://www.econbiz.de/10013234390