The concept of human capital originated in economics over 200 years ago. The current paper takes a novel approach to human capital by interpreting it from a psychological perspective. We divide human capital into 2 domains: traditional and nontraditional. The traditional domain consists of the constructs that have been historically classified as…

The main purpose of the paper is to estimate the efficiency of a big public university in Italy using individual student-level data, modeling exogenous variables in human capital formation through a heteroscedastic stochastic frontier approach. Specifically, a production function for tertiary education has been estimated with emphasis on…

Purpose: Real gross domestic product (GDP) growth for Mauritius has averaged more than 5 per cent since 1970 and GDP per capita has increased more than tenfold between 1970 and 2012, from less than $500 to more than $9,000. It has often been reported that human capital, along with other growth enablers, has played an important role in this…

The positive side of employment during studies is the increase of net investments in human capital. The main objective of this paper is to discover factors influencing the work of students in Serbia, Bosnia and Herzegovina and Montenegro and to compare students' employment in these three Western Balkan countries. Quantitative analysis based on…

Education and health are both capital investments in national development, often viewed as independent factors on a country's labor force supply and productivity. This study uses the 2010-2011 Third Integrated Household Survey in Malawi to propose an Education-enhanced Health Human Capital (EHHC) model where education influences labor force supply…

This study leverages human capital theory to identify the correlates of expected returns on investment in higher education at the level of institutions. We leverage estimates of average ROI in post-secondary education among more than 400 baccalaureate degree conferring colleges and universities to understand the correlates of a relatively new…

The objective of this paper is to better understand the factors that affect the chances of re-engaging early school leavers in education, with a particular focus on the importance of time out from school (duration dependence) and school-related factors. Using data from three cohorts of the Longitudinal Survey of Australian Youth and duration…

The use of standardized test results to drive school administrator evaluations pervades education policymaking in more than 40 states. However, the results of state standardized tests are strongly influenced by non-school factors. The models of best fit (n = 18) from this correlational, explanatory, longitudinal study predicted accurately the…

Latent class Poisson count models are used to analyse a sample of Danish test score results from a cohort of individuals born in 1954-1955, tested in 1968, and followed until 2011. The procedure takes account of unobservable effects as well as excessive zeros in the data. We show that the test scores measure manifest or measured ability as it has…

Drawing on the National Educational Longitudinal Survey 1988 (NELS:88), this study identified (1) the growth pattern of academic achievement of adolescent children from Mexican and East Asian immigrant families; (2) investigated to what extent ethnicity and family capital influenced the trajectories in the academic achievement of children from…

This paper examines the impact of education on economic growth in Greece over the period 1960-2000 by applying the model introduced by Mankiw, Romer, and Weil. The findings of the empirical analysis reveal that education had a positive and statistically significant effect on economic growth in Greece over the period 1960-2000. The econometric…

Despite career satisfaction models being well established, little is understood about the career satisfaction of indigenous employees. Using a sample of 172 Maori employees, the indigenous people of New Zealand, we tested a career satisfaction model with a cultural wellbeing factor over and above established factors of human capital,…

This study employed mixed methods, engaging both quantitative and qualitative inquiries. In terms of the quantitative inquiry, the purpose of this study was to explore and assess gender-based salary inequities at a Carnegie Classified Research High university in the Intermountain West. Qualitative inquiry was used to follow up and contextually…

Today's school business officials are more aware than ever of the importance of making every dollar count. As they scour their budgets for possible savings, they may be tempted to reduce investment in school infrastructure, perhaps by deferring maintenance, renovations, and replacement of outdated facilities. However, school business officials…

This paper tries to consider some earning function as "start point" for the construction of indicators for intellectual capital measure. The analyze combines concepts from Mincer's and Becker theories and intellectual capital definitions currently in use. The correlation, significance and relation between elements are shown using three econometric…