Noam Angrist, Simeon Djankov, Pinelopi Goldberg and Harry Patrinos in this voxeu research: Human capital is a critical component of economic development. But the links between growth and human capital – when measured by years of schooling – are weak. This column introduces a better measurement, using a database that directly measures learning and represents 98% of the global population. The authors find that the link between economic development and human capital is strong when measured in this way. They also show that global progress in learning has been limited over the past two decades, even as enrolment in primary and secondary education has increased. This should be obvious to humanity. But isn’t perhaps and needs research to show the obvious…
Amol Agrawal considers the following as important: Academic research & research papers, Academic research & research papers, Economics - macro, micro etc
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Noam Angrist, Simeon Djankov, Pinelopi Goldberg and Harry Patrinos in this voxeu research: