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This study estimates the human capital stock for Brazil, from 1981 to 1999. For this purpose, future labor incomes are discounted so that we get their present value. We assume that these incomes are a result of years of schooling and work experience. Mincerian coefficients are used as proxies...
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The role of human capital on the development process has been recognized as a crucial element by many researchers. Nevertheless, many empirical results have showed no correlation between human capital and income per capita level or between human capital and growth rates. It is argued that the...
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The theoretical foundation for this text is the one presented by Florida (2002a, 2002b, 2005). He discusses the importance of a vibrant society and also of a highly diversified population for the attraction of talented and creative people. This attraction would promote a concentration of this...
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