The Economics of Human Resources

abilities according additional analysis appear aptitudes aspects assumed assumption average capacity capital cation cause changes Chapter characteristics coefficient column complete conclusion considered cost countries demand for education depends determined direct distribution economic educational level educational system effect equal equations equilibrium growth estimate example exists Explained fact factors final function give given greater Hence higher importance included income increase increments indicates influence initial inputs institutions intellectual intelligence interesting introduced investment labor force learning limitations means measurement mentioned method necessary needs observed obtained occupations parameters period personnel persons policy maker population possible presented problem production production function proportion reasons received reduced reference relationship respect savings Section social Source statistical structure Subsection supply Table teachers tend theory tion transition United values variables workers