Human Capital Accumulation at Work: Estimates for the World and Implications for Development
In this paper, the authors: (i) study wage-experience profiles and obtain measures of returns to potential work experience using data from about 24 million individuals in 1,084 household surveys and census samples across 145 countries; (ii) show that returns to work experience are strongly correlate...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
The World Bank
2021
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| Online-Zugang: | Volltext |
| Zusammenfassung: | In this paper, the authors: (i) study wage-experience profiles and obtain measures of returns to potential work experience using data from about 24 million individuals in 1,084 household surveys and census samples across 145 countries; (ii) show that returns to work experience are strongly correlated with economic development-workers in developed countries appear to accumulate twice more human capital at work than workers in developing countries; (iii) use a simple accounting framework to find that the contribution of work experience to human capital accumulation and economic development might be as important as the contribution of education itself; and (iv) employ panel regressions to investigate how changes in the returns over time correlate with several factors such as economic recessions, transitions, and human capital stocks |
| Beschreibung: | 1 Online-Ressource (44 Seiten) |
| DOI: | 10.1596/1813-9450-9786 |
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| 520 | 3 | |a In this paper, the authors: (i) study wage-experience profiles and obtain measures of returns to potential work experience using data from about 24 million individuals in 1,084 household surveys and census samples across 145 countries; (ii) show that returns to work experience are strongly correlated with economic development-workers in developed countries appear to accumulate twice more human capital at work than workers in developing countries; (iii) use a simple accounting framework to find that the contribution of work experience to human capital accumulation and economic development might be as important as the contribution of education itself; and (iv) employ panel regressions to investigate how changes in the returns over time correlate with several factors such as economic recessions, transitions, and human capital stocks | |
| 650 | 4 | |a Development Accounting | |
| 650 | 4 | |a Economic Development | |
| 650 | 4 | |a Economics of Education | |
| 650 | 4 | |a Education | |
| 650 | 4 | |a Educational Sciences | |
| 650 | 4 | |a Employment and Unemployment | |
| 650 | 4 | |a Human Capital | |
| 650 | 4 | |a Labor Market | |
| 650 | 4 | |a Returns To Education | |
| 650 | 4 | |a Returns To Experience | |
| 650 | 4 | |a Social Protections and Labor | |
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| 700 | 1 | |a Romer, Paul |e Sonstige |4 oth | |
| 700 | 1 | |a Samaniego, Roberto |e Sonstige |4 oth | |
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| index_date | 2024-07-03T22:27:58Z |
| indexdate | 2024-10-12T04:03:07Z |
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| language | English |
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| spellingShingle | Jedwab, Remi Human Capital Accumulation at Work Estimates for the World and Implications for Development Development Accounting Economic Development Economics of Education Education Educational Sciences Employment and Unemployment Human Capital Labor Market Returns To Education Returns To Experience Social Protections and Labor |
| title | Human Capital Accumulation at Work Estimates for the World and Implications for Development |
| title_auth | Human Capital Accumulation at Work Estimates for the World and Implications for Development |
| title_exact_search | Human Capital Accumulation at Work Estimates for the World and Implications for Development |
| title_exact_search_txtP | Human Capital Accumulation at Work Estimates for the World and Implications for Development |
| title_full | Human Capital Accumulation at Work Estimates for the World and Implications for Development Remi Jedwab |
| title_fullStr | Human Capital Accumulation at Work Estimates for the World and Implications for Development Remi Jedwab |
| title_full_unstemmed | Human Capital Accumulation at Work Estimates for the World and Implications for Development Remi Jedwab |
| title_short | Human Capital Accumulation at Work |
| title_sort | human capital accumulation at work estimates for the world and implications for development |
| title_sub | Estimates for the World and Implications for Development |
| topic | Development Accounting Economic Development Economics of Education Education Educational Sciences Employment and Unemployment Human Capital Labor Market Returns To Education Returns To Experience Social Protections and Labor |
| topic_facet | Development Accounting Economic Development Economics of Education Education Educational Sciences Employment and Unemployment Human Capital Labor Market Returns To Education Returns To Experience Social Protections and Labor |
| url | https://doi.org/10.1596/1813-9450-9786 |
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