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Personnel Economics essay: Issues in Human Capital Theory, training and earnings of workers

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  • Josheski, Dushko

Abstract

In this paper the issues from the personnel economics has been investigated. The issues such as training of workers from Becker’s human capital theory and their association with the workers’ productivity. In the second part of the paper the issue of grooming has been investigated in relation with earnings for which there exist and it is presented empirical evidence. In the equation as regressors are also present Mincerian variables: age, marital status and others. Also the four puzzles in the empirical literature about the determinants of earnings has been investigated. And how the empirical literature helps in resolving them.

Suggested Citation

  • Josheski, Dushko, 2014. "Personnel Economics essay: Issues in Human Capital Theory, training and earnings of workers," EconStor Preprints 90913, ZBW - Leibniz Information Centre for Economics.
    • Handle: RePEc:zbw:esprep:90913
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    References listed on IDEAS

    as
    1. Bassanini, Andrea & Booth, Alison L. & Brunello, Giorgio & De Paola, Maria & Leuven, Edwin, 2005. "Workplace Training in Europe," IZA Discussion Papers 1640, Institute of Labor Economics (IZA).
    2. Melissa Osborne & Herbert Gintis & Samuel Bowles, 2001. "The Determinants of Earnings: A Behavioral Approach," Journal of Economic Literature, American Economic Association, vol. 39(4), pages 1137-1176, December.
    3. Jayoti Das & Stephen B. DeLoach, 2008. "Mirror, mirror on the wall: The effect of time spent grooming on wages," Working Papers 2008-01, Elon University, Department of Economics.
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    Keywords

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    JEL classification:

    • M50 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - General
    • M52 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Compensation and Compensation Methods and Their Effects
    • M53 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Training

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