Human Capital - A Theortetical And Empirical An... Page

Analyzes decisions around marriage, divorce, and having children as economic choices.

Becker supported his theory with extensive data, largely focused on the United States. Human Capital - A theortetical and empirical an...

Skills valuable only to a particular employer. Firms and workers typically share the costs and benefits of this investment. Analyzes decisions around marriage

Skills useful in many firms (e.g., literacy). Becker argued firms are less likely to pay for this as workers might leave. Human Capital - A theortetical and empirical an...