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Title: Why Standard Measures of † Human Capital are Misleading

Citation Type: Journal Article

Publication Year: 2015

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Abstract: After a long, dormant period, recent attention has turned to a variety of measurement issues surrounding the concept of human capital. The traditional approach of rely entirely on measures of school attainment, while convenient, is almost certainly misleading. The availability of cognitive skills measures greatly improves on these measurements, but there remains also concern about other unmeasured factors, including noncognitive skills. This paper considers alternative approaches to assessing the role of human capital on individual earnings and on economic growth.

Url: http://hanushek.stanford.edu/sites/default/files/publications/Hanushek 2015 KDI J EconPol 37(2).pdf

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Authors: HANUSHEK, ERIC, A

Periodical (Full): KDI Journal of Economic Policy

Issue: 2

Volume: 37

Pages: 22–39

Data Collections: IPUMS International

Topics: Population Data Science

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