In this essay, I provide an extensive review of the theoretical and empirical contributions pertaining to human capital. The first part follows the development of the theory with special emphasis, naturally, on Becker's path-breaking work (JPE '62 and Woytinski Lecture) and also on Ben-Porath's...

The objective of this paper is to analyze the school-to-work transition process of young Canadians, particularly individuals with low levels of education, and to situate it in the context of the evolution in the value of a high school diploma over the 1981-1996 period, conditional on not...