Title

Human Capital: A Summary of the 20th Century Research

Document Type

Article

Publication Date

Summer 2002

Abstract

Since the early 1960s, human capital has been a theoretical and empirical focus of economics. During the last two decades, human capital formation became a central issue of neoclassical growth theory. This paper is an overview of the research on human capital, including: the concept, history of studies, education as a form of human capital, issues and caveats, and role in growth theory. The study ends with the current focus of human capital research.

Publication Title

Journal of Education Finance

Volume

28

First Page

1

Last Page

24

Publisher

University of Illinois Press