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Department of Economics presents
Human Capital Theory; Heterogeneity in Labor Economics and Microeconomics
Human Capital has made "labour market" an oxymoron. Allen replaces it with a large number of skill markets. He does the basic analysis of these, shows that it requires that workers be recognized as heterogeneous, and does the analysis of six ways workers differ. From these "falls out" a theory of income distribution.
Jeremiah (Jay) Allen
Professor Emeritus of Economics
University of Lethbridge
September 25, 2026
2 p.m.
C640
Everyone is welcome!
Contact:
Madalynn Guzowski | madalynn.guzowski@uleth.ca | 403-380-1894