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The Effect of Wages on Human Capital and its Virtuous Dynamic Cycle

This paper provides economic theory with a dynamic structural model that mathematically proves both a positive effect of wages on the workers' human capital intertemporal investment decisions and the existence of a virtuous dynamic cycle between wages and human capital. Among the desired characteris...

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Detalhes bibliográficos
Publicado no:Revista Finanzas y Política Económica
Principais autores: Jacques Lartigue-Mendoza, Salomón Domínguez
Formato: Artigo
Idioma:Inglês
Publicado em: Universidad Católica de Colombia 2023
Assuntos:
Acesso em linha:https://www.redalyc.org/articulo.oa?id=323577431004
https://www.redalyc.org/journal/3235/323577431004/
https://www.redalyc.org/journal/3235/323577431004/html/
https://www.redalyc.org/journal/3235/323577431004/323577431004.epub
https://www.redalyc.org/journal/3235/323577431004/movil
https://doi.org/10.14718/revfinanzpolitecon.v15.n1.2023.4
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