Non-Monotonic Relationship between Human Capital and Unemployment: An Exploratory Study with Empirical Evidence on Singapore
We examine empirically the role of human capital, together with global and domestic technologies, in the evolution of unemployment in Singapore. Our results show a threshold level of human capital, below (above) which increases (decreases) in human capital will reduce (raise) unemployment. This nonm...
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sg-smu-ink.soe_research-26112015-04-16T03:54:05Z Non-Monotonic Relationship between Human Capital and Unemployment: An Exploratory Study with Empirical Evidence on Singapore HO, Kong Weng Tan, Randy We examine empirically the role of human capital, together with global and domestic technologies, in the evolution of unemployment in Singapore. Our results show a threshold level of human capital, below (above) which increases (decreases) in human capital will reduce (raise) unemployment. This nonmonotonic relationship is caused by a greater substitution from labour toward technology feasible at higher levels of human capital. 2008-06-30T07:00:00Z text https://ink.library.smu.edu.sg/soe_research/1612 info:doi/10.1080/13504850500461399 Research Collection School Of Economics eng Institutional Knowledge at Singapore Management University Economics |
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Economics HO, Kong Weng Tan, Randy Non-Monotonic Relationship between Human Capital and Unemployment: An Exploratory Study with Empirical Evidence on Singapore |
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We examine empirically the role of human capital, together with global and domestic technologies, in the evolution of unemployment in Singapore. Our results show a threshold level of human capital, below (above) which increases (decreases) in human capital will reduce (raise) unemployment. This nonmonotonic relationship is caused by a greater substitution from labour toward technology feasible at higher levels of human capital. |
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text |
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HO, Kong Weng Tan, Randy |
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HO, Kong Weng Tan, Randy |
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HO, Kong Weng |
title |
Non-Monotonic Relationship between Human Capital and Unemployment: An Exploratory Study with Empirical Evidence on Singapore |
title_short |
Non-Monotonic Relationship between Human Capital and Unemployment: An Exploratory Study with Empirical Evidence on Singapore |
title_full |
Non-Monotonic Relationship between Human Capital and Unemployment: An Exploratory Study with Empirical Evidence on Singapore |
title_fullStr |
Non-Monotonic Relationship between Human Capital and Unemployment: An Exploratory Study with Empirical Evidence on Singapore |
title_full_unstemmed |
Non-Monotonic Relationship between Human Capital and Unemployment: An Exploratory Study with Empirical Evidence on Singapore |
title_sort |
non-monotonic relationship between human capital and unemployment: an exploratory study with empirical evidence on singapore |
publisher |
Institutional Knowledge at Singapore Management University |
publishDate |
2008 |
url |
https://ink.library.smu.edu.sg/soe_research/1612 |
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1770572442922647552 |