We use a model of human capital investment and activity choice to explain facts describing gender differentials in the levels and returns to human capital investments. These include the higher return to and level of schooling, the small effect of healthiness on wages, and the large effect of...

The introduction of team-based flexible production system substantially enhanced productivity and product quality at some progressive plants which adopted them. Most of these plants adopted a bundle of human resource practices which are designed to encourage workers to acquire broad skills and...