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

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