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Contemporary Approaches in Education and Communication

Edited By Hasan Arslan, Mehmet Ali Içbay, Alejandro J. Gallard and S. Lizette Ramos

This book presents a collection of papers written by researchers, teachers, administrators, analysts and graduate students working and doing research in the field of social sciences. The scientific studies include a wide range of topics from the analysis of social science textbooks to the teacher image in newspapers, the relationship between self-efficacy and cognitive level and the role of organizational silence on the loneliness of academics in work life.

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Education-Based Indicators of Human Capital: The Case of Central and Eastern European Countries (Selda Görkey-Aydınoğlu)

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Selda Görkey-Aydınoğlu

Education-Based Indicators of Human Capital: The Case of Central and Eastern European Countries

Introduction

Human capital is one of the main drivers of long-term economic growth; after the studies of Schultz (1961, 1963), the concept and its impact on economies rose to prominence. Human capital is a broad concept and generally includes various components, such as education, health, and well-being. Human capital is examined under different approaches, like education/output, income, cost, and composite indicators (Le, Gibson & Oxley, 2003, 2005; Oxley, Le & Gibson, 2008; Kwon, 2009); some other works (World Economic Forum, 2013; Ederer, Schuler & Willms, 2007) also include health, well-being, demographic characteristics, and work environment.

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