scholarly journals Human Capital Accumulation and Labour Market Equilibrium

2009 ◽  
Author(s):  
Ken Burdett ◽  
Carlos Carrillo-Tudela ◽  
Melvyn G. Coles
Keyword(s):  
Human Capital ◽  
Labour Market ◽  
Capital Accumulation ◽  
Market Equilibrium ◽  
Human Capital Accumulation

The Depletion and Restoration of Migrants' Human Capital

1992 ◽  
Vol 34 (4) ◽  
pp. 550-561
Author(s):  
Gavin A. Wood
Keyword(s):  
Human Capital ◽  
Labour Market ◽  
Capital Accumulation ◽  
Census Data ◽  
Human Capital Accumulation ◽  
Combining Data ◽  
Proxy Measure ◽  
Schooling Experience ◽  
English Speaking ◽  
Catch Up

Studies of the assimilation of migrants into the Australian labour market suggest that migrants receive lower returns from schooling, experience and qualifications. However, as period of residence lengthens there is evidence that migrant wages catch up with those of Australian-born residents. This convergence can be attributed to the 'repair' of human capital eroded due to the non-transferability of country- and firm-specific skills and knowledge. Combining data on migrant arrivals with census data on overseas- born residents, the present paper estimates the changing occupational mix among a cohort of migrants. The occupational mix is used to construct a proxy measure for the stock of human capital. We find that migrants experience an initial loss of human capital, although the restoration phase is a short one of no more than three or four years. However, beyond this restoration phase migrants from non-English-speaking countries do not match the rate of human capital accumulation achieved by Australian- born residents.

scholarly journals HUMAN CAPITAL ACCUMULATION AND LABOR MARKET EQUILIBRIUM*

2011 ◽  
Vol 52 (3) ◽  
pp. 657-677 ◽  
Author(s):  
Kenneth Burdett ◽  
Carlos Carrillo-Tudela ◽  
Melvyn G. Coles
Keyword(s):  
Human Capital ◽  
Labor Market ◽  
Capital Accumulation ◽  
Market Equilibrium ◽  
Human Capital Accumulation

Human Capital Accumulation and Resource Abundance

2011 ◽  
pp. 66-77
Author(s):  
O. Vasilieva
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Capital Accumulation ◽  
Relevant Literature ◽  
Harmful Effect ◽  
Human Capital Accumulation ◽  
Resource Abundance ◽  
Empirical Results ◽  
Theoretical Predictions ◽  
Crowd Out

Does resource abundance positively affect human capital accumulation? Or, alternatively, does it «crowd out» the human capital leading to the deterioration of economic growth? The paper gives an overview of the relevant literature and discusses both theoretical and empirical results obtained regarding the connection between human capital accumulation and resource abundance. It shows that despite some theoretical predictions about the harmful effect of resource abundance on human capital accumulation, unambiguous evidence of such impact that would be robust with respect to the change of resource abundance parameter has not been obtained yet.

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