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Title: The Human Capital Stock: A Generalized Approach

Citation Type: Working Paper

Publication Year: 2011

DOI: 10.3386/w17487

Abstract: 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 differences and (ii) reconcile the existing conflict between regression and accounting evidence in assessing the wealth and poverty of nations. One natural interpretation emphasizes differences across economies in the acquisition of advanced knowledge by skilled workers.

Url: http://www.nber.org/papers/w17487.pdf

User Submitted?: No

Authors: Jones, Benjamin

Series Title: NBER Working Paper Series

Publication Number: 17487

Institution: National Bureau of Economic Research

Pages:

Publisher Location: Cambridge, MA

Data Collections: IPUMS USA

Topics: Other

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