Human Capital Accumulation at Work: Estimates for the World and Implications for Development

IF 6.3 1区 经济学 Q1 ECONOMICS American Economic Journal-Macroeconomics Pub Date : 2023-07-01 DOI:10.1257/mac.20210002
Remi Jedwab, Paul Romer, Asif M. Islam, Roberto Samaniego
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引用次数: 1

Abstract

We (i) study wage-experience profiles and obtain measures of returns to potential work experience using data from about 24 million individuals in 1,084 surveys and census samples across 145 countries; (ii) show that workers in developed countries accumulate twice as much human capital at work as those in developing countries; (iii) use a simple accounting framework to find that the contribution of work experience and education to human capital accumulation and economic development might be equally important; and (iv) employ panel regressions to investigate how changes in the returns over time correlate with several factors such as economic recessions, transitions, and human capital stocks. (JEL D12, I25, I26, J24, J31, O15)
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工作中的人力资本积累:对世界的估计及其对发展的影响
我们(i)研究工资-经验概况,并利用来自145个国家1,084项调查和人口普查样本的约2400万人的数据,获得潜在工作经验回报的衡量标准;(ii)表明发达国家工人在工作中积累的人力资本是发展中国家工人的两倍;(iii)使用一个简单的会计框架,发现工作经验和教育对人力资本积累和经济发展的贡献可能同样重要;(iv)采用面板回归来研究收益随时间的变化如何与经济衰退、转型和人力资本存量等几个因素相关。(j12, j25, j26, j24, j31, j15)
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来源期刊
CiteScore
8.20
自引率
1.70%
发文量
58
期刊介绍: American Economic Journal: Macroeconomics focuses on studies of aggregate fluctuations and growth, and the role of policy in that context. Such studies often borrow from and interact with research in other fields, such as monetary theory, industrial organization, finance, labor economics, political economy, public finance, international economics, and development economics. To the extent that they make a contribution to macroeconomics, papers in these fields are also welcome.
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