Studies in Human Capital, the first volume of Jacob Mincer's essays to be published in this series, assesses the impact of education and job training on wage growth. It offers an authoritative study of the effects of human capital investments on labor turnover and the impact of technological change on human capital formation.
Jacob Mincer's research reveals a rare combination of imaginative empirical analysis guided by a command of theory. His work and professional style have set the standard for empirical economics, especially in the field of labor economics where he has made major contributions to the understanding of the determinants of earnings.
This is the first of two volumes containing carefully edited selections of professor Mincer's most important essays, some of which are published here for the first time. Introductions to each volume provide overviews of the interconnections of the topics discussed, their conceptual coherence and empirical significance. Studies in Labor Supply, the second volume of Professor Mincer's essays, is also available as part of this series.
The late Jacob Mincer, formerly Professor of Economics, Columbia University, US
Part 1 Human capital and earnings: investment in human capital and personal income distribution; the distribution of labour incomes; human capital and earnings. Part 2 Human capital, wage growth, labour turnover and unemployment: on the job training - costs, returns and some implications; labour mobility and wages; wage changes in job changes; education and unemployment; job training, wage growth and labour turnover; job training - costs, returns and wage profiles. Part 2 Technology and the demand for human capital: human capital and economic growth; wage structures and labour turnover in the United States and Japan; human capital responses to technological change in the labour market; human capital, technology and the wage structure.