This article reviews recent developments in the econometrics of early childhood human
capital and investments. We start with a discussion about the lack of cardinality in test …

We review the existing literature on the measurement of human capital. Broadly speaking,
economists have proposed three approaches to constructing human capital measures—the …

This paper synthesizes what economists have learned about human capital since Becker
(1962) into four stylized facts. First, human capital explains at least one-third of the variation …

A review of the measures of the stock of human capital used in empirical growth research–
including adult literacy rates, school enrollment ratios, and average years of schooling of the …

After a long, dormant period, recent attention has turned to a variety of measurement issues
surrounding the concept of human capital. The traditional approach of rely entirely on …

A consensus has been forged in the last decade that recent periods of sustained growth in
total factor productivity and reduced poverty are closely associated with improvements in a …

Heterogeneous On-the-job Training: Implications for the Specification and Estimation of the
human Capital Earnings FunctionDespite the centrality of heterogeneous on-the-job training …

KATHARINE Abraham's paper,“Accounting for In vestments in Formal Education”(2010),
provides an excellent and comprehensive survey of the main is sues regarding the …

With the beginning of the new millennium it has become more and more apparent that
education and human capital constitute a key element of modern economies. Despite the …

In this paper, I develop a new measure of human capital stock that has two advantages over
previous measures. First, it allows for the fact that the cost of education varies across time …