Abstract:Human capital consists of all those qualities of a person, such as knowledge, health, skills and experience, that affect his or her possibilities of earning current and future money income, psychologi...Human capital consists of all those qualities of a person, such as knowledge, health, skills and experience, that affect his or her possibilities of earning current and future money income, psychological income, and income in kind. Human capital is a stock variable that characterizes some important aspects of a person. The flow variables corresponding to this stock variable are investment (which increases the stock) and depreciation (which decreases the stock).Read More
Publication Year: 1996
Publication Date: 1996-01-01
Language: en
Type: book-chapter
Indexed In: ['crossref']
Access and Citation
Cited By Count: 232
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