scholarly journals The Inter-Related Dynamics of Dual Job Holding, Human Capital and Occupational Choice

2009 ◽  
Author(s):  
Georgios A. Panos ◽  
Konstantinos Pouliakas ◽  
Alexandros Zangelidis
Keyword(s):  
Human Capital ◽  
Occupational Choice ◽  
Dual Job Holding

scholarly journals Occupational Choice and Investments in Human Capital in Informal Economies

2020 ◽  
Vol 0 (0) ◽  
Author(s):  
Lucila Berniell
Keyword(s):  
Human Capital ◽  
Informal Economy ◽  
Occupational Choice ◽  
Capital Investments ◽  
Educational Decisions ◽  
Managerial Skills ◽  
Model Predictions ◽  
Informal Economies ◽  
Human Capital Investments ◽  
Cross Country

AbstractInformality is pervasive in many developing countries and it can affect occupational and educational decisions. Cross-country data shows that the rate of entrepreneurship as well as the gap between the skill premium for entrepreneurs and for workers increase with the size of the informal economy. Also, in countries with larger informal sectors the fraction of high-skilled individuals that choose to be entrepreneurs is larger. To explain these facts, I develop a model economy with human capital investments, occupational choice and an informal sector, in which the investment in human capital improves the efficiency of labor as well as managerial skills, and the technology to produce goods exhibits capital-skill complementarity. Model predictions can account for cross-country evidence and also shed light on the mechanisms at work when the level of informality in the economy increases. In particular, a higher level of informality discourages human capital investments for workers while it incentivizes these investments for the case of some managers, mostly informal but talented.

Heterogeneous Human Capital, Occupational Choice, and Male-Female Earnings Differences

1990 ◽  
Vol 8 (1, Part 1) ◽  
pp. 123-144 ◽  
Author(s):  
Morton Paglin ◽  
Anthony M. Rufolo
Keyword(s):  
Human Capital ◽  
Occupational Choice

scholarly journals Aggregate implications of occupational inheritance in China and India

2018 ◽  
Vol 19 (1) ◽  
Author(s):  
Ting Ji
Keyword(s):  
Human Capital ◽  
Labor Market ◽  
Labor Productivity ◽  
Occupational Choice ◽  
Choice Model ◽  
Growth Potential ◽  
China And India ◽  
Productivity Gain ◽  
The Us ◽  
Occupational Inheritance

Abstract This paper documents occupational inheritance – that is, children’s inheritance of their parents’ occupations – in China, India, and other countries. Among the causes of the prevalence of occupational inheritance, we target two broad categories that impede growth: labor market frictions and barriers to human capital acquisition. Counterfactual experiments based on a tractable occupational choice model suggest that if the impediments mentioned above were reduced to the US levels, labor productivity would grow by 60–75% in China and 107–178% in India. China realized 74–89% of this growth potential from the 1980s to 2009. In addition, this productivity gain is accompanied by a decrease in the correlation of intergenerational incomes.

scholarly journals Human Capital Investment and the Gender Division of Labor in a Brawn-Based Economy

2012 ◽  
Vol 102 (7) ◽  
pp. 3531-3560 ◽  
Author(s):  
Mark M Pitt ◽  
Mark R Rosenzweig ◽  
Mohammad Nazmul Hassan
Keyword(s):  
Human Capital ◽  
Occupational Choice ◽  
Capital Investment ◽  
Human Capital Investment ◽  
Capital Investments ◽  
Activity Choice ◽  
Rural Bangladesh ◽  
Gender Differentials ◽  
Gender Division Of Labor ◽  
Human Capital Investments

A model of human capital investment and activity choice is used to explain facts describing gender differentials in the levels and returns to human capital investments and occupational choice. These include the higher return to and level of schooling, the small effect of healthiness on wages, and the large effect of healthiness on schooling for females relative to males. The model incorporates gender differences in the level and responsiveness of brawn to nutrition in a Roy-economy setting in which activities reward skill and brawn differentially. Evidence from rural Bangladesh provides support for the model and the importance of the distribution of brawn.

Human Capital and Occupational Choice: A Theoretical Model

1968 ◽  
Vol 34 (3) ◽  
pp. 406 ◽  
Author(s):  
Maurice C. Benewitz ◽  
Albert Zucker
Keyword(s):  
Human Capital ◽  
Theoretical Model ◽  
Occupational Choice

Regional Differences in Human Capital and Occupational Choice: Evidence from Mexico

2022 ◽  
Author(s):  
Kanat Abdulla ◽  
Balzhan Serikbayeva ◽  
Yessengali Oskenbayev ◽  
Farhad Taghizadeh-Hesary
Keyword(s):  
Human Capital ◽  
Occupational Choice ◽  
Regional Differences

scholarly journals Human capital acquisition and occupational choice: Implications for economic development

2017 ◽  
Vol 25 ◽  
pp. 151-186 ◽  
Author(s):  
Martí Mestieri ◽  
Johanna Schauer ◽  
Robert M. Townsend
Keyword(s):  
Human Capital ◽  
Economic Development ◽  
Occupational Choice ◽  
Capital Acquisition

scholarly journals Multidimensional Skill Mismatch

2020 ◽  
Vol 12 (1) ◽  
pp. 210-244 ◽  
Author(s):  
Fatih Guvenen ◽  
Burhan Kuruscu ◽  
Satoshi Tanaka ◽  
David Wiczer
Keyword(s):  
Human Capital ◽  
Skill Acquisition ◽  
Capital Accumulation ◽  
Occupational Choice ◽  
Bayesian Learning ◽  
Empirical Support ◽  
Switching Behavior ◽  
Empirical Measure ◽  
Human Capital Accumulation ◽  
Skill Mismatch

What determines the earnings of a worker relative to his peers in the same occupation? What makes a worker fail in one occupation but succeed in another? More broadly, what are the factors that determine the productivity of a worker-occupation match? To help answer questions like these, we propose an empirical measure of multidimensional skill mismatch that is based on the discrepancy between the portfolio of skills required by an occupation and the portfolio of abilities possessed by a worker for learning those skills. This measure arises naturally in a dynamic model of occupational choice and human capital accumulation with multidimensional skills and Bayesian learning about one’s ability to learn skills. Not only does mismatch depress wage growth in the current occupation, it also leaves a scarring effect—by stunting skill acquisition—that reduces wages in future occupations. Mismatch also predicts different aspects of occupational switching behavior. We construct the empirical analog of our skill mismatch measure from readily available US panel data on individuals and occupations and find empirical support for these implications. The magnitudes of these effects are large: moving from the worst- to best-matched decile can improve wages by 11 percent per year for the rest of one’s career. (JEL E24, J24, J31, J41)

scholarly journals An Analysis of Occupational Choice in Pakistan: A Multinomial Approach

2005 ◽  
Vol 44 (1) ◽  
pp. 57-79 ◽  
Author(s):  
Zafar Mueen Nasir
Keyword(s):  
Human Capital ◽  
Labour Market ◽  
Occupational Choice ◽  
Economic Status ◽  
Household Survey ◽  
Individual Characteristics ◽  
Men And Women ◽  
The Social ◽  
The Individual ◽  
Different Characteristics

Occupational choice plays an important role in determining earnings and success in the labour market. In the social structure of Pakistan, an occupation reflects the socio-economic status of the individual. In this backdrop, the paper looks at the occupational structure and analyses how different characteristics help individuals to access jobs of their choice. The main issue discussed in the paper is how men and women have a different occupation distribution. Estimates are based on a multinomial log model of occupation choices for men and women, using the Pakistan Integrated Household Survey (PIHS) 2001-02 data. The empirical results show that individuals with high educational achievements choose high-ranking jobs. It is also noted that gender has a role in the labour market and males are sorted out in high-paying occupation. Occupational choice is influenced more by the human capital variables than by the individual characteristics. Among human capital variables, education has the strongest impact in the selection of an occupation of choice.

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