Construct · 1 fields · 1 citations

Ben-Porath model: a standalone construct

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Labor economics

a life-cycle model of optimal human capital investment in which people invest heavily when young and taper off, generating concave earnings profiles.

In labor economics, Ben-Porath model refers to a life-cycle model of optimal human capital investment in which people invest heavily when young and taper off, generating concave earnings profiles. This meaning comes from Ben-Porath (1967) in Journal of Political Economy.[1]

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Nearby constructs

capital2 fields · 3 citationsjingle · one word, two constructs human capital4 names · 8 citationsjangle · skills as investable capital investment2 fields · 2 citationsjingle · one word, two constructs

References

Ben-Porath, Y. (1967). The Production of Human Capital and the Life Cycle of Earnings. Journal of Political Economy, 75(4, Part 1), 352-365. https://doi.org/10.1086/259291

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