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The ways to raise the value of human capital in a transition economy

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  • Yu. Bazal, M. Myhalevych

Abstract

The authors have made a theoretical analysis of economic processes emerging on the labor market with surpassing (exogenous) increase in labor compensation as a preventive policy of economic growth, in particular, with the use of a tool of fixing minimal wage; it is proved that its increase may be used as an effective method of exogenous influence on the value of human capital in Ukraine.

Suggested Citation

  • Yu. Bazal, M. Myhalevych, 2009. "The ways to raise the value of human capital in a transition economy," Economy and Forecasting, Valeriy Heyets, issue 4, pages 5-32.
    • Handle: RePEc:eip:journl:y:2009:i:4:p:5-32
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