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...

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Bibliographic Details

Published in:	Journal of Political Economy Vol. 117; no. 5; pp. 914 - 941
Main Author:	Lazear, Edward P.
Format:	Article
Published:	University of Chicago Press October 2009
Subjects:	Pay for performance Mathematical models Skilled labor Human capital
Online Access:	View this record in EBSCOhost