Human Capital and Models of Economic Growth
|Author:||Mgr. Jakub Sovina|
|Year:||2000 - summer|
|Leaders:|| doc. Ing. Tomáš Cahlík CSc.
|Work type:|| Economic Policy
|Awards and prizes:|
|Abstract:||The goal of this thesis is to analyze the concept of human capital and assess its role in the economic theory. The first section of the thesis presents a summary of the key characteristics of this specific form of capital and the ways it can be created. The next section of the thesis focuses on the issues of assessment of the aggregate level of human capital at a country level and attempts to identify the best measures for the different kinds of human capital or at least define the desired attributes for these measures where no ideal measures are available.
The last section of the thesis assesses the role of human capital at the macroeconomic level, the impact of all components of human capital on economic growth and the possibility of application of the models of human capital in the most common models of macroeconomic growth (the Solow model, AK-Model, Uzawa-Lucas model, etc.)
All sections of the thesis are complemented with empirical data describing the position of the Czech Republic in terms of human capital and a comparison of the situation in the Czech Republic with other developed and developing countries.
|Downloadable:|| Diploma Thesis - Sovina