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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Main Authors: HO, Kong Weng, Tan, Randy
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2008
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Online Access:https://ink.library.smu.edu.sg/soe_research/1612
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spelling 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
institution Singapore Management University
building SMU Libraries
continent Asia
country Singapore
Singapore
content_provider SMU Libraries
collection InK@SMU
language English
topic Economics
spellingShingle Economics
HO, Kong Weng
Tan, Randy
Non-Monotonic Relationship between Human Capital and Unemployment: An Exploratory Study with Empirical Evidence on Singapore
description 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.
format text
author HO, Kong Weng
Tan, Randy
author_facet HO, Kong Weng
Tan, Randy
author_sort 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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