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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| Publicado no: | Revista Finanzas y Política Económica |
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| Principais autores: | , |
| Formato: | Artigo |
| Idioma: | Inglês |
| Publicado em: |
Universidad Católica de Colombia
2023
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| 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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