Human Capital in the United States from 1975 to 2000: Patterns of Growth and Utilization Robert H. Haveman, Andrew Bershadker, and Jonathan A. Schwabish First Chapter | Table of Contents 229 pp. 2003 $40.00 cloth 978-0-88099-256-5 $17.00 paper 978-0-88099-255-8 An "Outstanding Academic Title for 2003." – Choice A "Noteworthy Book in Industrial Relations and Labor Economics," 2003, Industrial Relations Section – Princeton University "[This] book contains the clearest statement yet and the most comprehensive treatment to date of the 'earnings capacity' measure of human capital originally devised by Haveman in the late 1970s. The book provides annual estimates of aggregate EC capital stock over the period 1975 to 2000, a measure of capacity utilization of EC, and EC estimates for different demographic groups. The work is a commendable job! I think that it will become a standard reference work on human capital and poverty measurement in the years to come." –Edward Wolff, New York University "It is a truism that modern economic growth depends on human capitalbut, as Haveman, Bershadker and Schwabish point out, national statistics on labour input currently measure only the quantity of labour input, and ignore trends in its quality. Fortunately, their comprehensive, well-written book now fills this important gap. Their analysis of the costs of unrealized potential earnings in the USA from 1975 to 2000 and of trends by race, age, gender and education in earnings capacity and its utilization sheds new light on some old problems. It's an excellent book that will be much referred to in future years." –Lars Osberg, Dalhousie University |