Human Capital and Growth: A Synthesis Report
The main policy implication that emerges from this study is that subsidised education without at the same time provision for the creation of growth-enhancing jobs can be good for the individual but bad for growth (and presumably public finances). There is evidence of very high private returns to edu...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2000
|
| Schriftenreihe: | OECD Development Centre Working Papers
no.168 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | The main policy implication that emerges from this study is that subsidised education without at the same time provision for the creation of growth-enhancing jobs can be good for the individual but bad for growth (and presumably public finances). There is evidence of very high private returns to education, in the form of higher wages for degree holders, but also evidence that these returns are not always matched by social returns in the form of higher output. Governments need to ensure that educated men and women have incentives to work in occupations that contribute to social welfare. Admittedly, some of those occupations, such as the running of social services or the looking after of sick people, do not show up in growth statistics. But they are as valuable as those that do ... |
| Beschreibung: | 1 Online-Ressource (33 p.) 21 x 29.7cm. |
| DOI: | 10.1787/372502181227 |
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| spelling | Pissarides, Christopher A... VerfasserIn aut Human Capital and Growth A Synthesis Report Christopher A., Pissarides Paris OECD Publishing 2000 1 Online-Ressource (33 p.) 21 x 29.7cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Development Centre Working Papers no.168 The main policy implication that emerges from this study is that subsidised education without at the same time provision for the creation of growth-enhancing jobs can be good for the individual but bad for growth (and presumably public finances). There is evidence of very high private returns to education, in the form of higher wages for degree holders, but also evidence that these returns are not always matched by social returns in the form of higher output. Governments need to ensure that educated men and women have incentives to work in occupations that contribute to social welfare. Admittedly, some of those occupations, such as the running of social services or the looking after of sick people, do not show up in growth statistics. But they are as valuable as those that do ... Development FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/372502181227 Volltext |
| spellingShingle | Pissarides, Christopher A.. Human Capital and Growth A Synthesis Report Development |
| title | Human Capital and Growth A Synthesis Report |
| title_auth | Human Capital and Growth A Synthesis Report |
| title_exact_search | Human Capital and Growth A Synthesis Report |
| title_full | Human Capital and Growth A Synthesis Report Christopher A., Pissarides |
| title_fullStr | Human Capital and Growth A Synthesis Report Christopher A., Pissarides |
| title_full_unstemmed | Human Capital and Growth A Synthesis Report Christopher A., Pissarides |
| title_short | Human Capital and Growth |
| title_sort | human capital and growth a synthesis report |
| title_sub | A Synthesis Report |
| topic | Development |
| topic_facet | Development |
| url | https://doi.org/10.1787/372502181227 |
| work_keys_str_mv | AT pissarideschristophera humancapitalandgrowthasynthesisreport |