Cuaresma, Jesús Crespo; Mishra, Tapas - In: Journal of Forecasting 30 (2011) 2, pp. 249-267
This paper utilizes for the first time age-structured human capital data for economic growth forecasting. We concentrate on pooled cross‐country data of 65 countries over six 5‐year periods (1970–2000) and consider specifications chosen by model selection criteria, Bayesian model averaging...