The Human Capital Stock: A Generalized Approach /
Jones, Benjamin F.
The Human Capital Stock: A Generalized Approach / Benjamin F. Jones. - Cambridge, Mass. National Bureau of Economic Research 2011. - 1 online resource: illustrations (black and white); - NBER working paper series no. w17487 . - Working Paper Series (National Bureau of Economic Research) no. w17487. .
October 2011.
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.
System requirements: Adobe [Acrobat] Reader required for PDF files.
Mode of access: World Wide Web.
The Human Capital Stock: A Generalized Approach / Benjamin F. Jones. - Cambridge, Mass. National Bureau of Economic Research 2011. - 1 online resource: illustrations (black and white); - NBER working paper series no. w17487 . - Working Paper Series (National Bureau of Economic Research) no. w17487. .
October 2011.
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.
System requirements: Adobe [Acrobat] Reader required for PDF files.
Mode of access: World Wide Web.