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Social and Behavioral Sciences Commons

Open Access. Powered by Scholars. Published by Universities.®

2009

Iowa State University

Human capital

Articles 1 - 3 of 3

Full-Text Articles in Social and Behavioral Sciences

Investing In People For The 21st Century, Wallace E. Huffman Nov 2009

Investing In People For The 21st Century, Wallace E. Huffman

Economics Working Papers (2002–2016)

The paper draws upon the work of T.W. Schultz to show that human capital theory and labor market adjustments have important implications for investing in people for the 21st Century.


Patience Cycles, Richard C. Barnett, Joydeep Bhattacharya, Mikko Puhakka Jun 2009

Patience Cycles, Richard C. Barnett, Joydeep Bhattacharya, Mikko Puhakka

Economics Working Papers (2002–2016)

Evidence supports the notion that those who grow up to be patient do better than those who do not. Parents can inculcate the virtue of delayed gratification in their children by taking the right actions. We study a model in which parents, for selfish reasons, invest resources to raise patient children. In the model, patience raises the marginal return to human capital acquisition giving the patient young an incentive to spend more on their own education at the expense of investment in their own progeny’s patience. This dynamic generates intergenerational patience cycles.


After They Graduate: An Overview Of The Iowa State University Alumni Survey, Robert W. Jolly, Li Yu, Peter F. Orazem Feb 2009

After They Graduate: An Overview Of The Iowa State University Alumni Survey, Robert W. Jolly, Li Yu, Peter F. Orazem

Economics Working Papers (2002–2016)

This report provides a descriptive overview of the Iowa State University Alumni Survey. In late 2007, 25,000 Iowa State University alumni who received bachelor's degree between 1982 and 2006 were surveyed to obtain information on their career paths, employment status, further education, entrepreneurial activities, community engagement and current income. The on-line and written survey resulted in approximately 5,500 valid returns.