A new macroeconomic measure of human capital with strong empirical links to productivity:
This paper calculates new measures of human capital. Contrary to the existing literature, they are based on realistic rates of return to education, which are allowed to vary substantially across countries and to some extent over time. The new measures perform well in regression analysis explaining p...
Gespeichert in:
| 1. Verfasser: | |
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| Weitere Verfasser: | , , |
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2019
|
| Schriftenreihe: | OECD Economics Department Working Papers
|
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | This paper calculates new measures of human capital. Contrary to the existing literature, they are based on realistic rates of return to education, which are allowed to vary substantially across countries and to some extent over time. The new measures perform well in regression analysis explaining productivity across OECD countries and over time. In OECD samples, coefficient estimates are broadly consistent with the private returns underlying the construction of the new measures of human capital. In a wider sample of countries, most estimates imply additional positive social returns |
| Beschreibung: | 1 Online-Ressource (54 Seiten) |
| DOI: | 10.1787/d12d7305-en |
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Datensatz im Suchindex
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| language | English |
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| spelling | Botev, Jarmila Verfasser aut A new macroeconomic measure of human capital with strong empirical links to productivity Jarmila Botev ... [et al] Paris OECD Publishing 2019 1 Online-Ressource (54 Seiten) txt rdacontent c rdamedia cr rdacarrier OECD Economics Department Working Papers This paper calculates new measures of human capital. Contrary to the existing literature, they are based on realistic rates of return to education, which are allowed to vary substantially across countries and to some extent over time. The new measures perform well in regression analysis explaining productivity across OECD countries and over time. In OECD samples, coefficient estimates are broadly consistent with the private returns underlying the construction of the new measures of human capital. In a wider sample of countries, most estimates imply additional positive social returns Economics Égert, Balázs ctb Smidova, Zuzana ctb Turner, David ctb https://doi.org/10.1787/d12d7305-en Verlag kostenfrei Volltext |
| spellingShingle | Botev, Jarmila A new macroeconomic measure of human capital with strong empirical links to productivity Economics |
| title | A new macroeconomic measure of human capital with strong empirical links to productivity |
| title_auth | A new macroeconomic measure of human capital with strong empirical links to productivity |
| title_exact_search | A new macroeconomic measure of human capital with strong empirical links to productivity |
| title_exact_search_txtP | A new macroeconomic measure of human capital with strong empirical links to productivity |
| title_full | A new macroeconomic measure of human capital with strong empirical links to productivity Jarmila Botev ... [et al] |
| title_fullStr | A new macroeconomic measure of human capital with strong empirical links to productivity Jarmila Botev ... [et al] |
| title_full_unstemmed | A new macroeconomic measure of human capital with strong empirical links to productivity Jarmila Botev ... [et al] |
| title_short | A new macroeconomic measure of human capital with strong empirical links to productivity |
| title_sort | a new macroeconomic measure of human capital with strong empirical links to productivity |
| topic | Economics |
| topic_facet | Economics |
| url | https://doi.org/10.1787/d12d7305-en |
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