The Implications of the Economic Theory of Human Capital for Personnel Management

Eric Flamholtz · John M. Lacey

47 citations0/0 files storedPersonnel Review

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Labor market dynamics and wage inequality Economic Growth and Productivity Human Resource and Talent Management

Abstract

Research in labour economics during the past several years has led to the development of the theory of human capital. This theory deals with a variety of issues concerning the productivity of people as the result of their human capital.

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1962Investment in Human Capital: A Theoretical Analysis 1973Schultz, Theodore W., Investment in Human Capital, New York, The Free Press, 1971, xii + 272 pp. ($8.75)1958Investment in Human Capital and Personal Income Distribution 1967The Production of Human Capital and the Life Cycle of Earnings 1972Investment in Human Capital.1971The Economics of Discrimination 1960Capital Formation by Education 1962Labor as a Quasi-Fixed Factor

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2011Leveraging the innovative performance of human capital through HRM and social capital in Spanish firms

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