Development of Human Capital in China Based on The Theory of the New Economy Growth

机译：基于新经济增长理论的中国人力资本发展

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The New Economic Growth Theory give a new view to the human capital theories. It theoretically guides nations to take advantage of human capital and develop their economy. This paper analyzes the New Economic Growth Theory from the angle of human capital, in order to help the development of human capital and economy in China.

机译：新经济增长理论为人力资本理论提供了新的视角。它在理论上指导各国利用人力资本发展经济。本文从人力资本的角度对新经济增长理论进行了分析，以期有助于中国人力资本和经济的发展。

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来源
《International Conference on Innovation amp; Management; 20051029-30; Wuhan(CN)》|2005年|P.1078-1080|共3页
会议地点 Wuhan(CN)
作者
Yang Zhibin;
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作者单位

HRM Department, Wuhan University of Technology, P.R.China, 430070;

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会议组织
原文格式 PDF
正文语种 eng
中图分类管理学;
关键词
new economic growth theory; human capital; enlightenment;

机译：新经济增长理论人力资本启示;

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1. Application of human capital theory in China in the context of the knowledge economy [J] . Zhao SM The international journal of human resource management . 2008,第5期

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2. Growth Theory and Endogenous Human Capital Development: A Contribution to the Theory of Complex Systems [J] . Andreas Liening Theoretical Economics Letters . 2013,第2期

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3. Is There Any Missing Link in The Nexus Between Human Capital Development and Economic Growth in Developing Economies? Evidence from Nigeria [J] . George Emmanuel Oladapo, Ogunyomi Oluwatosin Olatunji Acta Universitatis Danubius. Oeconomica . 2018,第1期

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4. Development of Human Capital in China Based on The Theory of the New Economy Growth [C] . Yang Zhibin, Wuhan University of Technology International Conference on Innovation Management . 2005

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5. Considering human capital theory in assessment and training: Mapping the gap between current skills and the needs of a knowledge-based economy in northeast Iowa. [D] . Mihm-Herold, Wendy. 2010

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7. Financial Development and the Distributional Effects of Monetary Policy Do the distributional consequences of monetary policy depend on the extent of financial development? Should optimal monetary policy vary across countries? In order to answer these questions, we develop a monetary growth production model with heterogeneous agents. In our economy, optimal policy needs to weigh the effects of policy across two groups — capital owners and individuals who hold liquid assets. While banks help limit the exposure to inflation, there are limits because money alleviates the frictions of private information and limited communication. In this environment, we compare two economies that are identical in every aspect except for their level of financial development. In a country with limited financial development, a stock market is absent. In the other, an equity market is active. In either economy, inflation adversely affects capital formation and output. Individuals who hold liquid assets are always adversely affected by inflation, but the attitude of capital owners depends on the level of financial development. In particular, in the presence of a stock market, the impact of inflation on the welfare of capital owners is non-monotonic. Nevertheless, optimal monetary policy is always more conservative at higher levels of financial development. [O] . TINA M. Edgar A. Ghossoub, TINA M. Robert R. Reedy 100

机译：金融发展和货币政策的分配效应货币政策的分配后果是否取决于金融发展的程度？各国的最优货币政策应该不同吗？为了回答这些问题，我们开发了一个具有异构代理的货币增长生产模型。在我们的经济中，最优政策需要权衡两个群体的政策效应 - 资本所有者和持有流动资产的个人。虽然银行帮助限制通胀风险，但存在限制，因为资金减轻了私人信息的摩擦和有限的沟通。在这种环境下，我们比较两个经济体在各个方面都是相同的，除了它们的金融发展水平。在金融发展有限的国家，缺乏股票市场。另一方面，股票市场活跃。在任一经济体中，通胀都会对资本形成和产出产生不利影响持有流动资产的个人总是受到通货膨胀的不利影响，但资本所有者的态度取决于金融发展的水平。特别是，在股票市场存在的情况下，通货膨胀对资本所有者福利的影响是非单调的。尽管如此，在较高的金融发展水平下，最优货币政策总是更加保守。

Development of Human Capital in China Based on The Theory of the New Economy Growth

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