The past few decades have seen a revolutionary increase in interest
in the economic role of education and training at the societal,
business, and individual levels. This is mainly due to the strong
post-war growth in industrialized economies, which has been driven
by rapid technological progress and far-reaching structural change
and, in the end, has resulted in increasingly skill-intensive
production and growing demandfor more educated labour. Today it is
frequently argued that with the increasing importance of the role
of know-how, the workforce has become the most important single
input in the production process. Simultaneously the dramatic
increase in the availability of large micro-Ievel databases has
opened enormous possibilities to study the economic role of human
capital creation also empirically. The economic perspective of
human capital accumulation is, however, of utmost importance also
in times of deep economic recession. Periods of economic slowdown
and rapidly increasing unemployment tend to in crease the demandfor
advanced education and training in particular. This brings up, in
turn, questions regarding overeducation and satisfying both private
and social retums on investments in human capital.
General
Imprint: |
Physica-Verlag
|
Country of origin: |
Germany |
Release date: |
November 1995 |
First published: |
1994 |
Editors: |
Rita Asplund
|
Dimensions: |
235 x 155 x 12mm (L x W x T) |
Format: |
Paperback
|
Pages: |
213 |
Edition: |
illustrated edition |
ISBN-13: |
978-3-7908-0815-5 |
Categories: |
Books >
Business & Economics >
Economics >
Labour economics >
General
|
LSN: |
3-7908-0815-6 |
Barcode: |
9783790808155 |
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