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Human capital and macroeconomic growth : Austria and Germany 1960-1997; an update
Marin, Dalia; Koman, Reinhard - 2005
human capital as an accumulable factor. In a study on Austria and Germany we augment the Solow model to allow for the … of human capital of Austria and Germany by weighting workers of different schooling levels with their respective wage … quantifies how wages change with years of schooling. We find that the time series evidence on Austria and Germany is not …
Persistent link: https://www.econbiz.de/10010440426
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Human capital and macroeconomic growth : Austria and Germany 1960 - 1997 ; an update
Koman, Reinhard; Marin, Dalia - 1999
as an accumulable factor. In a study on Austria and Germany we augment the Solow model to allow for the accumulation of … series evidence on Austria and Germany is not consistent with a human-capital-augmented Solow model. Factor accumulation … appears to be less (and not more) able to account for the cross-country growth performance of Austria and Germany when human …
Persistent link: https://www.econbiz.de/10009712336
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Human capital and marcroeconomic growth : Austria and Germany; 1960 - 92
Koman, Reinhard - 1997
Persistent link: https://www.econbiz.de/10013422308
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Austrian and American capital theories : a contrast of cultures
Dorfman, Robert - 1994
Persistent link: https://www.econbiz.de/10013361122
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Review essay : the young Hayek
Maes, Ivo - 2023
Friedrich Hayek has been one of the dominating intellectual figures of the 20th century. Hayek, together with Gunnar Myrdal, received the 1974 Nobel Memorial Prize in economics, for "their pioneering work in the theory of money and economic fluctuations and for their penetrating analysis of the...
Persistent link: https://www.econbiz.de/10014343108
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An Austrian trade cycle model with an endogenous value of time
Gardes, François - 2021
Persistent link: https://www.econbiz.de/10012668218
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The theory of capital as a theory of capitalism : hidden Austrian contributions to a historically specific approach to capital
Braun, Eduard - 2015
Before economists and sociologists came up with their own definitions of the term "capital", it was commonly understood as money invested in businesses by their owners or shareholders, and it continues to be understood this way in everyday business practice. In a recent article, Geoffrey Hodgson...
Persistent link: https://www.econbiz.de/10011332964
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Linking human capital and physical capital : searching a new heterogeneous theory
Nerdrum, Lars - 1997
Persistent link: https://www.econbiz.de/10000967831
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The trouble with human capital theory
Fix, Blair - 2018
Human capital theory is the dominant approach for understanding personal income distribution. According to this theory, individual income is the result of "human capital". The idea is that human capital makes people more productive, which leads to higher income. But is this really the case? This...
Persistent link: https://www.econbiz.de/10011888770
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Carl Menger's contribution to capital theory
Braun, Eduard - 2013
The common interpretation of Carl Menger's take on capital theory rests upon a few sentences in his Principles of Economics. His later monograph on the topic, Zur Theorie des Kapitals (A contribution to the theory of capital), is more or less ignored, although it must be seen as a recantation of...
Persistent link: https://www.econbiz.de/10010481406