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Direct linkWang, Greg G.; Holton, Elwood F., III – Human Resource Development Review, 2005
In an effort to more comprehensively understand economics as a foundation of human resource development (HRD), this article reviews economic theories and models pertinent to HRD research and theory building. By examining neoclassical and neoinstitutional schools of contemporary economics, especially the screening model and the internal labor…
Descriptors: Labor Market, Labor Force Development, Human Resources, Economic Factors
