Please enable JavaScript.
Coggle requires JavaScript to display documents.
A Primer on Human Capital (abstract (summarizes (key contributions in the…
A Primer on Human Capital
source
Luca Flabbi
Roberta Gatti
World Bank Group
2018
abstract
summarizes
key contributions in the macro- and micro- economic literature
linking human capital and income growth.
outlines the main theoretical elements of growth theory
presents empirical results from the cross-country
estimating labor income returns of human capital investments
the two empirical approaches
a brief critical assessment on how to interpret the empirical results
Introduction
What is Human Capital?
Definition
The Human Capital Model
Conceptual Framework.
Where does output growth come from?
The Basic Framework
Adding Human Capital.
How does Human Capital affect Growth?The Impact on A.
The Direct Channel
The Impact on A.
The Interaction of H and K
The empirical Evidence
The empirical Evidence
Macro
Cross-country regressions
Development accounting
The Micro evidence
Introduction
Review of Empirical Results
Returns to Early Childhood Development Investments
Returns to Education Investments
Returns to Skills.
Returns to Experience and Seniority
Returns to Health Investments
Interpretation of the results
Biased Estimates
Equilibrium Effects
Conclusion