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Human Capital, Bankruptcy, and Capital Structure [PDF]
ABSTRACTWe derive the optimal labor contract for a levered firm in an economy with perfectly competitive capital and labor markets. Employees become entrenched under this contract and so face large human costs of bankruptcy. The firm's optimal capital structure therefore depends on the trade‐off between these human costs and the tax benefits of debt ...
Jonathan B. Berk +2 more
openaire +3 more sources
The Elgar Companion to Development Studies is an innovative and unique reference book that includes original contributions covering development economics as well as development studies broadly defined. This major new Companion brings together an international panel of experts from varying backgrounds who discuss theoretical, ethical and practical ...
Ali SA, Brannan GD.
europepmc +5 more sources
The Competencies Needed by Health Sector Information Quality Advocates
Objectives: 1) To introduce to expert colleagues the concept of health sector information quality advocates. 2) To obtain these colleagues opinions on worth of the advocate role and the competencies needed by an advocate.
Lee Ridoutt, Beth Reid, Paul O'Connor
doaj +1 more source
Four Facts about Human Capital
This paper synthesizes what economists have learned about human capital since Becker (1962) into four stylized facts. First, human capital explains at least one-third of the variation in labor earnings within countries and at least half of the variation ...
D. Deming
semanticscholar +1 more source
Measuring human capital using global learning data
Human capital—that is, resources associated with the knowledge and skills of individuals—is a critical component of economic development1,2. Learning metrics that are comparable for countries globally are necessary to understand and track the formation ...
Noam Angrist +3 more
semanticscholar +1 more source
Background The gonadotropin-releasing hormone (GnRH) antagonist protocol is advantageous given that it can avoid severe ovarian hyperstimulation syndrome (OHSS), especially for patients with polycystic ovary syndrome (PCOS).
Shan Liu +6 more
doaj +1 more source
Human capital portfolios [PDF]
This paper assesses the trade-off between acquiring specialized skills targeted for a particular occupation and acquiring a package of skills that diversifies risk across occupations. Individual-level data on college credits across subjects and labor-market dynamics reveal that diversification generates higher income growth for individuals who switch ...
Silos, P, Smith, E
openaire +4 more sources
As a growth input, human capital and remittances have received significant attention and their role on other macro fundamentals has also been investigated.
Cheng Xia, Md. Qamruzzaman, A. Adow
semanticscholar +1 more source
SOCIAL CAPITAL, HUMAN CAPITAL, AND FERTILITY [PDF]
We develop an overlapping generations model to study how the interplay between social and human capital affects fertility. In a framework where families face a trade-off between the quantity and quality of children, we incorporate the assumption that social capital plays a key role in the accumulation of human capital. We show how the erosion of social
Coppier, Raffaella +2 more
openaire +4 more sources

