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Investment Decision In Human Capital And Macroeconomic Implications

Author

Listed:
  • SANDU, Mihaela Tania

    (Ministry of Education, Research, Youth and Sports)

  • CETINĂ, Iuliana

    (Faculty of Marketing, The Academy of Economic Studies Bucharest)

  • MIHAIL, Nora

    (The Academy of Economic Studies Bucharest)

Abstract

To emphasize the importance and influence of human capital on economic growth of a country and also to base decisions on the need to invest in such type of capital, studies have been conducted and different models for analysis macroeconomic and demographic indicators have been used. We present the main indicators and dynamics of human capital, placed in the economic context of Romania, with reference, in bringing out statistics data, to an average period of time (between 1994-2008) characterized at macroeconomic level, both by recession and economic growth periods. There were also highlighted indicators and dynamics, both at national and individual level.

Suggested Citation

  • SANDU, Mihaela Tania & CETINĂ, Iuliana & MIHAIL, Nora, 2010. "Investment Decision In Human Capital And Macroeconomic Implications," Annals of Spiru Haret University, Economic Series, Universitatea Spiru Haret, vol. 1(1), pages 149-159.
    • Handle: RePEc:ris:sphecs:0039
    as

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    File URL: http://www.manecognitiva.ro/jurnals/spiru-haret-economics/2010/vol1/issue1/sandu-cetina-mihail.pdf
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    More about this item

    Keywords

    human capital; indicators of human capital; dynamics of human capital; macroeconomic indicators; individual indicators;
    All these keywords.

    JEL classification:

    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J48 - Labor and Demographic Economics - - Particular Labor Markets - - - Particular Labor Markets; Public Policy
    • M54 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Labor Management

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