The study found that this windfall had a positive and significant effect on investment, in physical and human capital, at the source but had no significant impact on consumption at the source.
My findings, specifically the long term increase in wages for incumbent workers and the impact of labor market thickness on replacement, instead point to firm-specific human capital as the source of these frictions.
Generally speaking, HPWS refers to a set of HR practices aimed at enhancing staff skills, commitment and productivity, thereby transferring human capital into a source of sustainable competitive advantage (Pak and Kim 2016).
In a similar fashion, Mattoo et al. (2008) used the probability of placement of highly educated immigrants in skilled jobs in the U.S. labor market as a measure of the "average quality" of human capital of the source country.
The objective of this paper is to demonstrate how human capital acquired in different source countries may be adjusted according to its quality in the Canadian labor market.
Furthermore, Cockx and Picchio (2013) suggest that stigmatization rather than the depreciation of human capital may be the source of state-dependence in long-term unemployment among youth.
"It is a missed opportunity to capitalize on a major source of human capital," they wrote.
The productivity gap can come from three sources: human capital, transportation costs and technological development.
Our comparison of families at different stages of the family life course, as well as at different income and governmental support levels, contributes to current theoretical debates about intergenerational support, human capital investments, and the sources of family income inequality.
Human capital management is a key source of resilient business performance.
Human capital is the most important source of wealth in the modern economy.
