Economics
Humankapital in Deutschland
Wachstum, Struktur und Nutzung der Erwerbseinkommenskapazität von 1984 bis 2006
Von Martin Werding, Robert Jäckle, Christian Holzner, Marc Piopiunik u. Ludger Wößmann
[Human Capital in Germany. Growth, Structure and Utilization of the Earnings Capacity from 1984 to 2006.]
2009. XV, 230 pages.
54,00 €
including VAT
including VAT
sewn paper
ISBN 978-3-16-150063-3
available
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Published in German.
Human capital is a core concept of current economics and also a driving force of economic growth. Still, measuring both the stock and the utilization of human capital is difficult. Building on an empirical approach suggested by Robert Haveman (University of Wisconsin, Madison) and on micro-data for Germany, researchers from the Ifo Institute for Economic Research in Munich provide calculations for long-term trends in the earnings capacity of the German population and its actual use in terms of employment. They also look into the composition of the aggregates by gender, age and education and amend the results with estimates on the household productivity of those not employed. They compare their findings with parallel observations from the United States and conclude with a number of policy implications.