Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/145139
Authors: 
Heckman, James J.
Corbin, Chase O.
Year of Publication: 
2016
Series/Report no.: 
IZA Discussion Papers 10005
Abstract: 
This paper discusses the relevance of recent research on the economics of human development to the work of the Human Development and Capability Association. The recent economics of human development brings insights about the dynamics of skill accumulation to an otherwise static literature on capabilities. Skills embodied in agents empower people. Enhanced skills enhance opportunities and hence promote capabilities. We address measurement problems common to both the economics of human development and the capability approach. The economics of human development analyzes the dynamics of preference formation, but is silent about which preferences should be used to evaluate alternative policies. This is both a strength and a limitation of the approach.
Subjects: 
skills
capabilities
freedom
technology of skill formation
JEL: 
D63
D04
D31
I31
Document Type: 
Working Paper

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