Firm-Specific Human Capital: A Skill-Weights Approach.

The theory of human capital is agnostic on what constitutes firm-specific skills. The theory specifies that specific skills contribute to productivity only at the current firm. A broader approach lets all skills be general, but firms use them with different weights attached. For example, computer pr...

Descripción completa

Detalles Bibliográficos
Publicado en:Journal of Political Economy Vol. 117; no. 5; pp. 914 - 941
Autor principal: Lazear, Edward P.
Formato: Artículo
Publicado: University of Chicago Press October 2009
Materias:
Acceso en línea:Ver este registro en EBSCOhost
fields @attributes:
  recordID: 1
pdfLink:
plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=511446642&site=ehost-live
header:
  @attributes:
    shortDbName: ssf
    uiTerm: 511446642
    longDbName: Social Sciences Full Text (H.W. Wilson)
    uiTag: AN
  controlInfo:
    bkinfo:
    jinfo:
      jid:
        00223808
        JPE
      jtl: Journal of Political Economy
      issn: 00223808
      maglogo: N
    pubinfo:
      dt: October 2009
      vid: 117
      iid: 5
      pid: 415
      pub: University of Chicago Press
    artinfo:
      ui:
        511446642
        10.1086/648671
      ppf: 914
      ppct: 27
      formats:
      tig:
        atl: Firm-Specific Human Capital: A Skill-Weights Approach.
      aug:
        au: Lazear, Edward P.
      su:
        Pay for performance
        Mathematical models
        Skilled labor
        Human capital
      sug:
        subj:
          Pay for performance
          Mathematical models
          Skilled labor
          Human capital
      ab: The theory of human capital is agnostic on what constitutes firm-specific skills. The theory specifies that specific skills contribute to productivity only at the current firm. A broader approach lets all skills be general, but firms use them with different weights attached. For example, computer programming, economics, and accounting are general skills, but there may be only one firm that wants workers trained in all three. One implication is that wage profiles and the split of human capital costs depend on thickness of the market. Another is that firms pay for what appears to be general training. Reprinted by permission of the publisher.
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
    refInfo:
    copyright:
      @attributes:
        flag: N
    holdings:
      @attributes:
        islocal: N