The quantity and quality of human capital in Poland and USA analyzed in the framework of the Manuelli-Seshadri model

Authors

  • Krzysztof Cichy
  • Krzysztof Malaga

DOI:

https://doi.org/10.18559/ebr.2006.1.525

Keywords:

Human capital, Economic models, Gross domestic product (GDP), Kapitał ludzki, Modele ekonomiczne, Produkt krajowy brutto (PKB)

Abstract

The article is aimed at analyzing the quantity and quality of human capital in Poland as compared with the United States and other countries in the framework of the recent model by Manuelli and Seshadri. A description of the model is given. The analyzed quantities are: the stock of human capital, expenditures and time allocated to human capital formation, the wage rate per unit of human capital (a measure of the quality of human capital which is a central concept of the model) and GDP p.c. Possible modifications of the model have been suggested. (original abstract)

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Published

2006-06-30

How to Cite

Cichy, K., & Malaga, K. (2006). The quantity and quality of human capital in Poland and USA analyzed in the framework of the Manuelli-Seshadri model. Economics and Business Review, 6(1), 5–24. https://doi.org/10.18559/ebr.2006.1.525

Issue

Vol. 6 No. 1 (2006)

Section

Research article- regular issue

License

Copyright (c) 2006 Poznań University of Economics and Business

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.