We provide first evidence of the impact of over-education, among natives and immigrants, on firm-level productivity and wages. Our results show that the over-education wage premium is higher for natives than for immigrants. However, since the differential in productivity gains associated with over-education outweighs the corresponding wage premium…

Purpose: The purpose of this study is to analyze and map the terrain of human resource management (HRM) in higher education (HE) contexts, with the aim of uncovering potential gaps within the existing knowledge base. Design/methodology/approach: This study employs a unique, in-depth bibliometric analysis of 945 publications from the Web of Science…

Changing weather patterns and extreme events are not the only outcomes of global climatic change. We investigate the impact of changing weather conditions on human capital development by studying achievement on standardized tests in Math and English/Language Arts for students in grades 3-8. Here we show that increasing average temperature levels…

This dissertation consists of three chapters that contribute to the fields of macroeconomics, economic development, and entrepreneurship. In the first chapter, "Entrepreneurship Selection and Performance in the U.S. and Across Countries: The Role of Human Capital," I seek to establish a set of stylized facts related to entrepreneurship…

In the rapidly changing atmosphere of the global economy, productivity has become a very important concept for long-term economic growth, development, regional and global competitiveness, raising social living standards and increasing the level of welfare for countries. In the 21st century, when scientific knowledge, technology, innovation,…

This paper summarises the literature that has linked education and economic growth. It begins with an overview of the key concepts in neoclassical and endogenous growth models, and discussion on how these have been tested in the data. Issues with respect to specification, the measurement of human capital and causality are discussed, together with…

This paper develops a new measure of human capital, calculated as a cohort-weighted average of the quality of education (PISA scores) and the quantity of education (mean years of schooling). Contrary to the existing studies, the relative weights of quality and quantity are estimated (and not calibrated). The quality of education is estimated to be…

This article investigates whether student flows significantly channel academic knowledge from developed countries in the North to less developed ones in the South. It also examines if human capital absorbs and materialises this academic knowledge into technological development. Empirical analysis on a panel of 55 developing countries over…

Entrepreneurial and innovative higher education institutions of the 21st century have become the driving forces of social development, economic growth and global competitiveness by improving human capital through the educational and instructional services they offer, producing qualified scientific information through the scientific research they…

Singapore is known as a high-performing country with high-quality teachers and is considered a model system for educational benchmarking. Still, many accolades for the system address teachers' productivity in raising student achievement, which could reinforce a partial understanding of teacher quality in the system. Aiming at developing a more…

Canonical human capital theories posit that education, by enhancing worker skills, reduces the likelihood that a worker will be laid-off during times of economic change. Yet, this has not been demonstrated causally. We link administrative education records from 1987 through 2002 to nationally representative surveys conducted before and after…

21st century research, to date, indicates that the private and social returns from higher education are substantial. The subtext of both human capital theory and the signaling model is a belief that higher earnings are an indicator of "earned merit"; an assumption called into question, challenging the meritocratic basis for earnings…

Registered apprenticeship (RA) programs have emerged in recent years in response to the nation's critical workforce needs. Since 2015, there has been a resurgence of federal and state investments to modernize and diversify the RA system to attract new entrants and new high-demand industries. This study uses human capital theory (HCT) as a lens for…

Purpose: This paper explores the economic and social effects of human capital investment in the 20th century. As well as drawing on census data and statistical yearbooks in Australia and Aoteoroa/New Zealand, the paper develops its argument by an intersection of scholarly work in sociology, economics and the history of education to consider the…