There is a Connection Between Wages and Human Capital in Romania?

Neagu Olimpia ()
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Neagu Olimpia: "Vasile Goldis" Western University of Arad

Ovidius University Annals, Economic Sciences Series, 2014, vol. XIV, issue 2, 229-233

Abstract: The paper investigates the link between the level of wages and salaries and human capital of employed population. The paper proposes an analysis at macroeconomic level in two steps: firstly, by extracting the volume of wages and salaries from GDP (income approach) and secondly using the wages indice. In both cases, through a linear econometric model, we demonstrated a strong, statistically validated link between wages and educational level of employed population in Romania

Keywords: wages and salaries; human capital (search for similar items in EconPapers)
JEL-codes: J24 J31 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xiv:y:2014:i:2:p:229-233

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