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The Human Capital Stock : A Generalized Approach

Author: Benjamin F Jones
Publisher: Cambridge, Mass. National Bureau of Economic Research 2011.
Series: Working Paper Series (National Bureau of Economic Research), no. w17487.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
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  Read more...
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Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Benjamin F Jones
OCLC Number: 1027326209
Notes: October 2011.
Description: 1 online resource.
Details: Mode of access: World Wide Web.
Series Title: Working Paper Series (National Bureau of Economic Research), no. w17487.
Responsibility: Benjamin F. Jones.

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.

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