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Survol des contributions théoriques et empiriques liées au capital humain

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  • Daniel Parent

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Abstract

In this essay, I provide an extensive review of the theoretical and empirical contributions pertaining to human capital. The first part follows the development of the theory with special emphasis, naturally, on Becker's path-breaking work (JPE '62 and Woytinski Lecture) and also on Ben-Porath's (JPE '67) paper. We then review the work of Mincer (JPE '58 and '62, NBER '74) who, more than anybody else, contributed to the empirical implementation of the theoretical concepts. The empirical section surveys the papers which have made use of direct and indirect measures of human capital. In the latter case, where human capital is measured by the number of years on the labor market and the number of years with the current employer (representing firm-specific capital), we focus our attention on a series of three papers which have all tried to use panel data to deal with the question of individual and job-match heterogeneity, i.e. Abraham and Farber (AER '87), Altonji and Shakotko (ReStud '87), and Topel (JPE '91). In the section on the explicit measures of human capital, we survey the burgeoning literature on the impact of various measures of skill acquisition on the wage profile. Finally, we conclude on some open questions like industry-specificity of human capital vs. firm-specificity. Dans cette étude, je passe en revue de façon exhaustive les développements majeurs en commençant, comme il se doit, par la contribution fondamentale de Becker (JPE '62 et Woytinski Lecture '67). Après l'examen du modèle de Ben-Porath (JPE '67), qui s'avéra être le point de référence d'un pan entier de la littérature portant sur les choix de consommation et d'investissement dans une perspective de cycle vital, je porte ensuite mon attention sur les travaux de Mincer (JPE '58, '62 et NBER '74) qui, plus que quiconque, contribua à l'application pratique des concepts théoriques. Tout naturellement, l'accent est mis sur le développement de sa fonction de gains quoique nous soulignions aussi la compréhension précoce par Mincer des problèmes d'hétérogénéité individuelle. Nous enchaînons ensuite avec les développements plus récents tant du point de vue théorique (matching, modèle de paiements retardés de Lazear), que du point de vue empirique. ¸ cet égard, nous examinons à la fois les contributions ayant fait usage des mesures directes d'accumulation du capital humain (e.g. nombre de semaines passées en formation) ainsi que celles n'ayant à leur disposition que les mesures indirectes habituelles (expérience, ancienneté).

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Bibliographic Info

Paper provided by CIRANO in its series CIRANO Working Papers with number 95s-28.

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Date of creation: 01 Apr 1995
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Handle: RePEc:cir:cirwor:95s-28

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Keywords: Human capital; Capital humain;

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  1. Duncan, Greg J & Hoffman, Saul, 1979. "On-the-Job Training and Earnings Differences by Race and Sex," The Review of Economics and Statistics, MIT Press, vol. 61(4), pages 594-603, November.
  2. Jacob Mincer & Boyan Jovanovic, 1979. "Labor Mobility and Wages," NBER Working Papers 0357, National Bureau of Economic Research, Inc.
  3. Jacob Mincer & Yoshio Higuchi, 1987. "Wage Structures and Labor Turnover in the U.S. and in Japan," NBER Working Papers 2306, National Bureau of Economic Research, Inc.
  4. Medoff, James L & Abraham, Katharine G, 1980. "Experience, Performance, and Earnings," The Quarterly Journal of Economics, MIT Press, vol. 95(4), pages 703-36, December.
  5. Abowd, J.M. & Kramarz, F. & Margolis, D.N., 1995. "High-Wage Workers and High-Wage Firms," Cahiers de recherche 9503, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
  6. Hause, John C, 1980. "The Fine Structure of Earnings and the On-the-Job Training Hypothesis," Econometrica, Econometric Society, vol. 48(4), pages 1013-29, May.
  7. Topel, Robert H, 1991. "Specific Capital, Mobility, and Wages: Wages Rise with Job Seniority," Journal of Political Economy, University of Chicago Press, vol. 99(1), pages 145-76, February.
  8. Lorne Carmichael, 1983. "Firm-Specific Human Capital and Promotion Ladders," Bell Journal of Economics, The RAND Corporation, vol. 14(1), pages 251-258, Spring.
  9. Altonji, Joseph G & Shakotko, Robert A, 1987. "Do Wages Rise with Job Seniority?," Review of Economic Studies, Wiley Blackwell, vol. 54(3), pages 437-59, July.
  10. Jovanovic, Boyan, 1979. "Firm-specific Capital and Turnover," Journal of Political Economy, University of Chicago Press, vol. 87(6), pages 1246-60, December.
  11. McCall, John J, 1970. "Economics of Information and Job Search," The Quarterly Journal of Economics, MIT Press, vol. 84(1), pages 113-26, February.
  12. Lynch, Lisa M, 1992. "Private-Sector Training and the Earnings of Young Workers," American Economic Review, American Economic Association, vol. 82(1), pages 299-312, March.
  13. Parsons, Donald O, 1972. "Specific Human Capital: An Application to Quit Rates and Layoff Rates," Journal of Political Economy, University of Chicago Press, vol. 80(6), pages 1120-43, Nov.-Dec..
  14. Ann P. Bartel, 1992. "Training, Wage Growth and Job Performance: Evidence From a Company Database," NBER Working Papers 4027, National Bureau of Economic Research, Inc.
  15. Jovanovic, Boyan, 1984. "Matching, Turnover, and Unemployment," Journal of Political Economy, University of Chicago Press, vol. 92(1), pages 108-22, February.
  16. Jovanovic, Boyan, 1979. "Job Matching and the Theory of Turnover," Journal of Political Economy, University of Chicago Press, vol. 87(5), pages 972-90, October.
  17. Lynch, Lisa M, 1991. "The Role of Off-the-Job vs. On-the-Job Training for the Mobility of Women Workers," American Economic Review, American Economic Association, vol. 81(2), pages 151-56, May.
  18. Katharine G. Abraham & Henry S. Farber, 1986. "Job Duration, Seniority and Earnings," Working papers 407, Massachusetts Institute of Technology (MIT), Department of Economics.
  19. James L. Medoff & Katharine G. Abraham, 1981. "Are Those Paid More Really More Productive? The Case of Experience," Journal of Human Resources, University of Wisconsin Press, vol. 16(2), pages 186-216.
  20. Hashimoto, Masanori, 1981. "Firm-Specific Human Capital as a Shared Investment," American Economic Review, American Economic Association, vol. 71(3), pages 475-82, June.
  21. Yoram Ben-Porath, 1967. "The Production of Human Capital and the Life Cycle of Earnings," Journal of Political Economy, University of Chicago Press, vol. 75, pages 352.
  22. Jacob Mincer, 1958. "Investment in Human Capital and Personal Income Distribution," Journal of Political Economy, University of Chicago Press, vol. 66, pages 281.
  23. Bruce D. Meyer, 1988. "Unemployment Insurance And Unemployment Spells," NBER Working Papers 2546, National Bureau of Economic Research, Inc.
  24. Lazear, Edward P, 1979. "Why Is There Mandatory Retirement?," Journal of Political Economy, University of Chicago Press, vol. 87(6), pages 1261-84, December.
  25. John Bishop, 1994. "The Impact of Previous Training on Productivity and Wages," NBER Chapters, in: Training and the Private Sector, pages 161-200 National Bureau of Economic Research, Inc.
  26. Heckman, James J, 1976. "A Life-Cycle Model of Earnings, Learning, and Consumption," Journal of Political Economy, University of Chicago Press, vol. 84(4), pages S11-44, August.
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Cited by:
  1. Pesaran, M.H. & Ruge-Murcia, F.J., 1995. "A Discrete-Time Version of Target Zone Models with Jumps," Cahiers de recherche 9530, Universite de Montreal, Departement de sciences economiques.
  2. Paul Makdissi & Cyril Téjédo, 2000. "Problèmes d’appariement et politique de l’emploi," Cahiers de recherche 00-04, Departement d'Economique de la Faculte d'administration à l'Universite de Sherbrooke.

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