The Human Capital Stock: A Generalized Approach
نویسنده
چکیده
This paper presents a new framework for human capital measurement. The generalized framework can (i) substantially amplify the role of human capital in accounting for cross-country income di¤erences and (ii) reconcile the existing conict between regression and accounting evidence in assessing the wealth and poverty of nations. One natural interpretation emphasizes di¤erences across economies in the acquisition of advanced knowledge by skilled workers.
منابع مشابه
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