Does the Attained Level of Education Affect the Income Situation of Households?

Turčínková, Jana; Stávková, Jana

doi:10.1016/j.sbspro.2012.09.595

Cited by 23 publications

(12 citation statements)

References 6 publications

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“…Affluent individuals in societies with high income inequality are likely to compare their human capital investment return with others. For instance, research has found that income comparison and income satiation (i.e., the point at which higher income no longer produces greater happiness) rises with education level (Burchell & Yagil, 1997;Jebb, Tay, Diener, & Oishi, 2018), which determines an individual's position in the labor market and society (Turčínková & Stávková, 2012). Because there is a disproportionately higher number of potential referents who are worse off than better off, a downward social comparison is more likely for the rich and educated.…”

Section: Income Inequalitymentioning

confidence: 99%

Human capital development practices and career success: The moderating role of country development and income inequality

et al. 2021

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Employees can enhance their human capital through participation in organizationally sponsored development activities. However, there is little research on the extent to which the effects of such practices vary depending on national context. Adopting a human capital theory perspective, we hypothesized a positive relationship between human capital development practices experienced in one's career and objective and subjective career success (salary level and perceived financial success, respectively) and tested two country-level institutional factors (country development and income inequality) as moderators. Results from our multi-level analyses of a large-scale sample of over 8800 managers and professionals from 28 countries showed that, as expected, experiencing a larger number of different human capital development practices was associated with higher salary level and greater perceived financial success. The relationship between development practices and salary level was stronger in the case of developed countries and weakly negatively affected for countries with higher income inequality. The relationship between development practices and perceived financial success was weaker for developed countries and unaffected by income inequality. Our research thus identifies boundary conditions to the application of human capital theory in different contexts and contributes to the comparative careers literature by showing that institutional factors affect the outcome of organizationally sponsored development activities.

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Section: Income Inequalitymentioning

confidence: 99%

Human capital development practices and career success: The moderating role of country development and income inequality

et al. 2021

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“…Outcomes exhibit reduction of income inequalities along with amplification of investment on education. Turcinkova and Stavkova (2012) examine the relationship between family income and level of education in the Czech Republic. It is found that the low-income or vulnerable groups of society are those with no education or only a primary-level education.…”

Section: Literature Reviewmentioning

confidence: 99%

The Effect of Education on Income Inequality in Selected Islamic Countries

Abolfazl¹,

Nemati²,

Hosseinidoust³

2018

IJAPS

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The impact of education on income inequality remains a challenging issue at the core of economic debates. The present study attempts to investigate the effect of income inequality in a selection of Islamic countries during 1990-2013. Method of panel data has been implemented, and the fixed effects are examined against the random ones by the Hausman test. The impacts of gross domestic product (GDP) and training at primary, secondary and university levels on income inequality is investigated in the selected Islamic countries. Findings indicate that the enrolment rate in primary and secondary schools has a significant negative effect on income inequality, and the enrolment rate in university has a significant positive effect on income inequality. Thus, training in primary and secondary schools might reduce income inequality, and education in universities can increase income inequality because of the higher financial capability of certain classes of people and the expertise they have acquired. Likewise, the Kuznets inverted-U hypothesis is approved due to the positive and statistically significant estimated coefficient of

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“…Besides age, the level of education also considers as the factor that influences income. Level of education is proved that has a positive impact on employee's carrier because education determines their position in the labor market (Turcinkova & Stavkova, 2012). Thus, as well as entrepreneurs in tourism business also need education.…”

Section: Discussionmentioning

confidence: 99%

“…The other researcher said that the level of income will following the level of education (Figueiredo & Nakabashi, 2016). Level of education determines employee position in the company or organization (Turcinkova & Stavkova, 2012). An employee that has higher level of education will get opportunities to have higher position in the company or organization.…”

Section: Discussionmentioning

confidence: 99%

Does Social Media Improve the Welfare of Tourism Businesses?

2020

trikonomika

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This research aims to analyze the factors that affect welfare of tourism business owners, especially the role of social media. This research uses primary data and cluster sampling method. Data was analyzed use multiple linear regression. The results show that social media has positive effect toward income of tourism business, but not significant. Moreover, income from tourism business has positive significant effect toward household consumption. Development of tourism gives benefits for local communities such as increase tourism business and increase their income. Therefore, tourism business should improve the ability of using social media as promotional tools to increase their welfare.

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Does the Attained Level of Education Affect the Income Situation of Households?

Cited by 23 publications

References 6 publications

Human capital development practices and career success: The moderating role of country development and income inequality

Human capital development practices and career success: The moderating role of country development and income inequality

The Effect of Education on Income Inequality in Selected Islamic Countries

Does Social Media Improve the Welfare of Tourism Businesses?

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