The Economics of Human Resources

abilities according additional analysis appear aptitudes aspects assumed assumption average capacity capital cation cause changes Chapter characteristics coefficients 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 give given greater Hence important included income increase increments indicates influence initial institutions intelligence interesting introduced investment labor force means measurement mentioned method million necessary needed number of students observed obtained occupations parameters period personnel persons policy maker population possible presented problem production production function proportion qualified quantity ratios reasons received reduced reference relationship respect savings Section social Source statistical structure Subsection supply Table teachers theory tion United values variables workers