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Human Capital Investment: Building an App for That 人力资本投资:为此开发一款应用
Pub Date : 2020-11-02 DOI: 10.2139/ssrn.3549402
Matthew M. Ross, A. M. Wright, S. Peffers
We outline an education-career investment model structured for customizable, just-in-time delivery. Our initiation of this evolutionary model results in a pilot application for which we include associated technical details. We suggest how a FinTech collaboration can leverage the power of distributed expertise to support human capital investment planning via a robo-advising web application. Students, researchers, and professionals might all benefit from an accessible and dynamic means to estimate the value of human capital investment.
我们概述了一种教育-职业投资模式,其结构可定制,及时交付。我们对这个进化模型的初始化产生了一个试点应用程序,我们为其包含了相关的技术细节。我们建议金融科技合作如何利用分布式专业知识的力量,通过机器人咨询网络应用程序支持人力资本投资规划。学生、研究人员和专业人员都可能受益于一种易于获取和动态的方法来估计人力资本投资的价值。
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引用次数: 2
The Causal Effect of Mobile Broadband on Earnings Inequality and Employment 移动宽带对收入不平等和就业的因果影响
Pub Date : 2020-11-01 DOI: 10.2139/ssrn.3725699
Peter Wang
Does mobile broadband subscription rates have a positive effect on closing the earnings gap? Examining United States county level data, higher rates of mobile broadband subscription lead to reductions in the earnings gini coefficient. Specifically, a one standard deviation increase in mobile broadband subscription rate (8.5%) among counties' adult working population lowers the earnings gini index by 0.018. Additionally, mobile broadband subscription rate increases lead to rising average earnings, is associated with the highest increase in earnings at the 40th to 50th percentile, and has an alleviating effect on annual county level unemployment rates. To ascertain causality, a novel instrumental strategy exploiting county level elevation ruggedness is used to obtain the result. I also find preliminary evidence that mobile broadband raises the average earnings of workers in occupations for which their jobs or tasks are top ranked among mobile jobs platforms postings.
移动宽带订阅率对缩小收入差距有积极影响吗?检查美国县级数据,更高的移动宽带订阅率导致收入基尼系数降低。具体来说,每个县的成年劳动人口中移动宽带订阅率每增加一个标准差(8.5%),收入基尼系数就会降低0.018。此外,移动宽带订阅率的提高导致平均收入的增加,与40至50个百分位数的收入增幅最高有关,并对年度县级失业率有缓解作用。为了确定因果关系,采用了一种新的利用县级高程崎岖度的工具策略来获得结果。我还发现了初步证据,表明移动宽带提高了其工作或任务在移动工作平台发布的职位中排名靠前的职业的工人的平均收入。
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引用次数: 0
Del emprendimiento universitario hacia la preincubación: el caso del Talents and Innovation Forum (TIF) (From University Entrepreneurship to Pre-Incubation: The Case of the Talents and Innovation Forum (TIF)) 从大学创业到预孵化:人才与创新论坛案例(TIF)
Pub Date : 2020-10-27 DOI: 10.18601/16577175.n27.03
Adriana Martínez Martínez
Spanish abstract: En la agenda de las universidades, el emprendimiento se encuentra como un tema prioritario. Sin embargo, la mayor parte de las veces los proyectos realizados por los estudiantes se quedan en el ámbito escolar. ¿Qué elementos son necesarios incorporar para transitar de un programa universitario de emprendimiento que genera proyectos escolares hacia uno que impulse la generación de proyectos viables y reales? En este artículo se analiza la evolución del programa de emprendimiento conocido como “Talents and Innovation Forum” (TIF) realizado, desde 2015, en una universidad mexicana. El objetivo de esta contribución es identificar los elementos que se incorporaron para que el TIF transitara de un programa de emprendimiento universitario ligado a un curso escolar hacia un programa de preincubacion con la participación voluntaria de los estudiantes y con la concreción de proyectos viables. La investigación fue de corte longitudinal y se utilizó la metodología del estudio de caso para analizar la evolución durante el periodo 2015 a 2019 del TIF, los instrumentos diseñados y aplicados fueron entrevistas en profundidad con actores clave y la “Encuesta de Percepción sobre el Emprendimiento e Incubación” aplicada a los ganadores de las tres últimas ediciones. Los resultados señalan que si bien el involucramiento de los estudiantes es fundamental, de mayor relevancia son tanto la formación practica para desarrollar las ideas como contar con el financiamiento para que los proyectos sean factibles. La limitación de esta contribución es que se enfoca en un estudio de caso, para una mayor comprensión del emprendimiento se debe realizar un estudio más exhaustivo.

English abstract: Entrepreneurship is a topic of priority in the agenda of universities. However, most of the time the projects carried out by students remain at school level. What elements are necessary to incorporate to move from a university entrepreneurship program that generates school projects to one that encourages the generation of viable and real projects? This article analyzes the evolution of the entrepreneurship program known as the “Talents and Innovation Forum” (TIF) carried out since 2015 at a Mexican university. The purpose was to identify the elements that were incorporated to move from a university entrepreneurship program linked to an academic course towards a pre-incubation program with the voluntary participation of students and with the realization of viable projects. The research was longitudinal and the case study methodology was used to analyze the evolution during the period 2015 to 2019 of the TIF. The instruments designed and applied were in-depth interviews with key actors and the “Entrepreneurship and Incubation Perception Survey” applied to the winners of the last three editions. The results indicate that although student involvement is essential, of greater importance are both practical training to develop ideas and having funding to m
西班牙语摘要:在大学的议程中,创业是一个优先主题。然而,大多数时候,学生完成的项目都留在学校。要从产生学校项目的大学创业项目过渡到促进产生可行和真实项目的项目,需要纳入哪些元素?本文分析了自2015年以来在墨西哥一所大学举办的名为“人才与创新论坛”(TIF)的创业项目的演变。这一贡献的目的是确定TIF从与学校课程相联系的大学创业项目过渡到有学生自愿参与和可行项目实现的预孵化项目的要素。纵向研究是法院和个案研究的方法用于分析2015年至2019年期间发展TIF格式文书应用设计和关键是深入采访和调查如何看待创业和孵化企业应用”获得者过去三版本。结果表明,学生的参与是至关重要的,但更重要的是实践培训,以发展想法,并有资金使项目可行。本文的局限性在于,它专注于一个案例研究,为了更好地理解创业精神,必须进行更详尽的研究。英语摘要:创业是大学议程上的优先议题。然而,大多数时候,学生实施的项目仍停留在学校水平。要将产生学校项目的大学创业方案转变为鼓励产生可行和实际项目的大学创业方案,需要纳入哪些内容?本文分析了自2015年以来在墨西哥大学开展的创业项目“人才与创新论坛”(TIF)的演变。其目的是确定将大学创业方案与学术课程相联系的要素,转变为具有学生自愿参与和实现可行项目的预孵化方案。该研究是纵向的,采用案例研究方法分析了2015年至2019年TIF期间的演变。所设计和使用的工具是对主要参与者的深入访谈和对前三版获奖者的“创业和孵化观念调查”。结果表明,虽然学生的参与至关重要,但更重要的是进行实际培训以发展想法,并提供资金使项目可行。这一贡献的局限性在于,它集中于个案研究,为了更好地了解企业家精神,应该进行更全面的研究。
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引用次数: 2
Specialist vs. Generalist: Efficiency in Multitasking 专才vs通才:多任务处理的效率
Pub Date : 2020-10-22 DOI: 10.2139/ssrn.3716998
Clemens Buchen, Jenny Kragl, Alberto Palermo
Abstract We show that under multitasking — where tasks can be substitutes or complements — a specialist worker with an uneven skill distribution can outperform a generalist with higher average skills. We use a principal–agent model to study worker efficiency and welfare. The main result is robust if a rent-efficiency trade-off is added.
我们表明,在多任务处理下,任务可以替代或补充,技能分布不均匀的专业工人可以比平均技能较高的通才表现得更好。我们使用委托代理模型来研究工人的效率和福利。如果加上租金效率的权衡,主要结果是稳健的。
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引用次数: 5
International Differences in the Effect of Skills on Job Mobility: A Schumpeterian Perspective 技能对工作流动性影响的国际差异:熊彼特的视角
Pub Date : 2020-10-21 DOI: 10.2139/ssrn.3466370
Damir Stijepic
Making use of an international survey that directly assess the cognitive skills of the adult population, I document systematic differences in the effect of skills on job mobility across the 37 countries in the sample. While economic growth is associated with relatively higher job mobility among skilled workers, the prevalence of information and communication technology (ICT) in the workplace is associated with relatively lower job mobility among skilled workers. The documented patterns are in line with Schumpeterian growth models of creative destruction in which skilled workers transition to jobs with advanced technologies more easily.
利用一项直接评估成年人认知技能的国际调查,我在样本中的37个国家中记录了技能对工作流动性影响的系统性差异。虽然经济增长与技术工人相对较高的工作流动性有关,但信息和通信技术(ICT)在工作场所的普及与技术工人相对较低的工作流动性有关。记录在案的模式与熊彼特的创造性破坏增长模型一致,在这种模型中,熟练工人更容易过渡到使用先进技术的工作。
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引用次数: 0
Social Entrepreneurship and Social Innovation in Aging 老龄化中的社会企业家精神与社会创新
Pub Date : 2020-10-21 DOI: 10.1007/978-3-319-69892-2_242-1
Andrzej Klimczuk, J. Félix
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引用次数: 2
The Stock Market Valuation of Human Capital Creation 人力资本创造的股票市场价值
Pub Date : 2020-10-02 DOI: 10.2139/ssrn.3703948
M. Regier, Ethan Rouen
We develop measures of firm-level human capital creation from publicly disclosed personnel expenses (PE) and examine the stock market valuation of these characteristics. Separately measuring human capital creation efficacy and opportunity, we first show that efficacy is positively associated with characteristics of human-capital-intensive firms and employee productivity growth. Next, we find that efficacy has a positive pricing coefficient, implying that the market recognizes some of its variation. In our main analysis, long-short portfolios based on the human capital creation efficacy (opportunity) produce annualized abnormal returns of 4.0 to 5.4% (6.0 to 7.5%). Portfolios formed on the combination of efficacy and opportunities produce the strongest abnormal returns of 6.3 to 9.3% in annualized terms. Our results provide evidence of the importance to valuation of accurate human capital measurement.
我们从公开披露的人事费用(PE)中开发了公司层面人力资本创造的措施,并检查了这些特征的股票市场估值。分别衡量人力资本创造效率和机会,我们首先发现效率与人力资本密集型企业特征和员工生产率增长呈正相关。接下来,我们发现功效有一个正的定价系数,这意味着市场认识到它的一些变化。在我们的主要分析中,基于人力资本创造效率(机会)的多空组合产生的年化异常回报为4.0 - 5.4%(6.0 - 7.5%)。在效率和机会的结合下形成的投资组合产生了最强劲的年化异常回报,为6.3%至9.3%。我们的研究结果证明了准确的人力资本计量对评估的重要性。
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引用次数: 6
Child Care Markets, Parental Labor Supply, and Child Development 儿童保育市场,父母劳动供给和儿童发展
Pub Date : 2020-10-01 DOI: 10.1596/1813-9450-9427
S. Berlinski, M. Ferreyra, Luca Flabbi, J. D. Martin
We develop and estimate a model of child care markets that endogenizes both demand and supply. On the demand side, families with a child make consumption, labor supply, and child-care decisions within a static, unitary household model. On the supply side, child care providers make entry, price, and quality decisions under monopolistic competition. Child development is a function of the time spent with each parent and at the child care center; these inputs vary in their impact. We estimate the structural parameters of the model using the 2003 Early Childhood Longitudinal Study, which contains information on parental employment and wages, child care choices, child development, and center quality. We use our estimates to evaluate the impact of several policies, including vouchers, cash transfers, quality regulations, and public provision. Among these, a combination of quality regulation and vouchers for working families leads to the greatest gains in average child development and to a large expansion in child care use and female labor supply, all at a relatively low fiscal cost.
我们开发和估计一个模型的儿童保育市场,内生的需求和供应。在需求方面,有孩子的家庭在一个静态的、单一的家庭模型中做出消费、劳动力供应和儿童保育的决定。在供给侧,托儿服务提供者在垄断竞争下做出进入、价格和质量决策。儿童的发展是与父母和儿童看护中心在一起的时间的函数;这些投入的影响各不相同。我们使用2003年早期儿童纵向研究来估计模型的结构参数,其中包含父母就业和工资,儿童保育选择,儿童发展和中心质量的信息。我们使用我们的估计来评估几项政策的影响,包括代金券、现金转移、质量法规和公共供应。其中,质量监管和工薪家庭代金券相结合,在儿童平均发展方面取得了最大的进展,并大大扩大了儿童保育的使用和女性劳动力的供应,所有这些都以相对较低的财政成本进行。
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引用次数: 8
The Growing Demand for Education in Saudi Arabia: How Effective Is Borrowing Educational Models from the West? 沙特阿拉伯日益增长的教育需求:借鉴西方教育模式效果如何?
Pub Date : 2020-09-24 DOI: 10.2139/ssrn.3729969
Taiseer M. Mirghani
The Kingdom of Saudi Arabia (KSA) considers education a top priority, and more emphasis has been placed on this following the 2016 announcement of Saudi Vision 2030. Since then, the country has witnessed several economic and social changes. As a result, the Kingdom has initiated a plan to invest in human capital through education to diversify its economy and increase employment. This includes educational reform with regard to primary and secondary education geared toward preparing students for higher education and the workplace. However, several factors may hinder the successful execution of this plan. This report will provide insights into factors such as cultural dimensions, learning profiles, the English language proficiency gap, and information on borrowing educational models from the West. It will also include some suggestions and recommendations to enhance teacher education programmes so that positive educational reform may be achieved effectively.
沙特阿拉伯王国(KSA)将教育视为重中之重,在2016年宣布《沙特2030愿景》后,教育得到了更多的重视。从那时起,这个国家经历了几次经济和社会变革。因此,沙特启动了一项通过教育投资人力资本的计划,以实现经济多元化和增加就业。这包括对初等和中等教育进行教育改革,使学生为高等教育和工作做好准备。然而,有几个因素可能会阻碍这一计划的成功执行。这份报告将提供文化维度、学习概况、英语水平差距等因素的见解,以及借鉴西方教育模式的信息。报告亦会提出一些建议和建议,以加强教师教育计划,使积极的教育改革能够有效地实现。
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引用次数: 6
Korean Industrialization, Skill Demand, and Wage Premium 韩国产业化、技能需求与工资溢价
Pub Date : 2020-09-16 DOI: 10.2139/ssrn.3693517
Changkeun Lee
This paper aims to observe the evolution of skilled labor demand and relative wages during the rapid industrialization period. Although this historic episode has attracted the researchers’ attention, the evolution of skill demand and its impact on inequality remained as a black box. To provide first-hand evidence, I construct a 3-digit industry-level dataset that covers 1955-1980 from the Mining and Manufacturing survey. Then I measure skill demand and relative wages following the skill-biased technological change literature.

Analysis results show that Korea experiences drastic skill upgrading during its rapid industrialization. The nonproduction workers’ share in wage bill increased throughout the 25 years of 1955-1980. Relative demand rose much faster in industries that were initially less skill-intensive but accumulated capital through investment faster. This implies that there was a strong skill-capital complementarity.
Increasing skill demand and skill-capital complementarity are a force of increasing skill premium in wages and wage inequality. It was so until 1973.

However, since then relative wages fell while skill demand kept rising. This is unique to the Korean experience, It also implies that the supply of skilled labor expanded even faster than the skill demand. Although it is possible to connect this to the heavy-chemical industrialization, falling skill premium and inequality was most driven by the “within” or common effect. Furthermore, emerging heavy-chemical industries had greater skill demand, therefore a positive effect on relative wage.
本文旨在观察快速工业化时期熟练劳动力需求和相对工资的演变。尽管这一历史事件引起了研究人员的注意,但技能需求的演变及其对不平等的影响仍然是一个黑盒子。为了提供第一手证据,我从采矿和制造业调查中构建了一个3位数的行业数据集,涵盖了1955-1980年。然后,我根据技能偏向的技术变革文献测量技能需求和相对工资。分析结果表明,韩国在快速工业化过程中经历了激烈的技能升级。非生产工人在工资账单中的份额在1955年至1980年的25年间不断增加。在那些最初技能密集程度较低但通过投资积累资本的行业,相对需求增长得快得多。这意味着有很强的技能和资本的互补性。不断增加的技能需求和技能资本互补性是工资技能溢价和工资不平等加剧的力量。直到1973年。然而,自那以来,相对工资下降,而技能需求持续上升。这是韩国独有的经验。这也意味着熟练劳动力的供给比熟练劳动力的需求增长得更快。虽然这可能与重化学工业化联系起来,但技能溢价和不平等的下降主要是由“内部”或共同效应驱动的。此外,新兴的重化工行业对技能的需求更大,因此对相对工资有积极的影响。
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引用次数: 0
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Labor: Human Capital eJournal
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