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Title:Human capital and economic development: A macroeconomic assessment PDF Logo
Authors:Gundlach, Erich
Issue Date:1996
Series/Report no.:Kieler Arbeitspapiere 778
Abstract:Despite abundant microeconomic level evidence, the role of human capital in economic development has not been well documented at the macroeconomic level. Up to now, many empirical macro studies lack a consistent theoretical foundation. In addition, the wide range of published results seems to result from measurement problems due to a very narrow concept of human capital focusing on formal education. Future empirical research should take into account other important determinants of human capital such as the quality of education, the experience of the workforce, and the health status and the nutritional status of the population.
JEL:O41
Document Type:Working Paper
Appears in Collections:Publikationen von Forscherinnen und Forschern des IfW
Kieler Arbeitspapiere, IfW

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