Economics and Business Review

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Volume 6 Number 1 pp. 5-24

Krzysztof Cichy, Krzysztof Malaga

Pozna&#
3

2

4
; University of Economics, Poland

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

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)
pub/2006_1_5.pdf Full text available in Adobe Acrobat format:
http://www.ebr.edu.pl/volume6/issue1/2006_1_5.pdf
Keywords: Human capital, Economic models, Gross domestic product (GDP), Kapitał ludzki, Modele ekonomiczne, Produkt krajowy brutto (PKB)

For citation:

MLA Cichy, Krzysztof, and Krzysztof Malaga. "The quantity and quality of human capital in Poland and USA analyzed in the framework of the Manuelli-Seshadri model." Economics and Business Review EBR 6.1 (): 5-24.
APA , (). The quantity and quality of human capital in Poland and USA analyzed in the framework of the Manuelli-Seshadri model. Economics and Business Review EBR 6(1), 5-24
ISO 690 CICHY, Krzysztof, MALAGA, Krzysztof. The quantity and quality of human capital in Poland and USA analyzed in the framework of the Manuelli-Seshadri model. Economics and Business Review EBR, , 6.1: 5-24.