PBL 3 THE ROLE OF SELF-ESTEEM IN EFFICACY One wonders why some people earn more than others.

Economists focused on the importance of education, basic skills, and work experience - what they called human capital - for increased productivity, reflected in greater earning power. Researchers also found that self-esteem was instrumental in acquiring human capital. It would seem that self-esteem causes the three components of human capital to emerge and develop. Once developed, human capital would be correlated to productivity, for which earnings would be a surrogate measure. The theoretical framework for this can be depicted as per the following diagram: Self-Esteem Human Capital (Education+ Skills +Work Experience) Design a study based on the problem given above. Earnings