This paper reviews the evidence on the importance of human capital for macro-economic development. Through the lens of a simple aggregate production function, human capital might increase output per capita by directly entering in the production process, incentivising the accumulation of complementary inputs and facilitating the adoption of new technologies. The paper discusses the advantages and limitations of three methodological approaches that...
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INFORMATION
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2018/11/19
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Document de travail de recherche sur les politiques
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WPS8650
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1
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1
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2018/11/19
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Disclosed
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Human Capital and Macro-Economic Development : A Review of the Evidence
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human capital