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Human Capital, Economic Growth, and Inequality in China

Heckman, James J. - 2012

China's rapid growth was fueled by substantial physical capital investments applied to a large stock of medium skilled … the past decade, China has made substantial investments in producing it. The egalitarian access to medium skilled …. China's growth will be fostered by expanding access to all levels of education, reducing impediments to labor mobility, and …

Persistent link: https://www.econbiz.de/10012460559

Policies to Foster Human Capital

Heckman, James J. - 1999

This paper considers the sources of skill formation in a modern economy and emphasizes the importance of both cognitive and noncognitive skills in producing economic and social success and the importance of both formal academic institutions and families and firms as sources of learning. Skill...

Persistent link: https://www.econbiz.de/10012471495

Measuring Knowledge

Heckman, James J.; Zhou, Jin - National Bureau of Economic Research - 2022

Empirical studies in the economics of education, the measurement of skill gaps across demographic groups, and the impacts of interventions on skill formation rely on psychometrically validated test scores that record the proportion of items correctly answered. Test scores are sometimes taken as...

Persistent link: https://www.econbiz.de/10013191084

The Economics and Psychology of Inequality and Human Development

Cunha, Flavio - 2009

Recent research on the economics of human development deepens understanding of the origins of inequality and excellence. It draws on and contributes to personality psychology and the psychology of human development. Inequalities in family environments and investments in children are substantial....

Persistent link: https://www.econbiz.de/10012463953

Tax Policy and Human Capital Formation

Heckman, James J. - 1998

Missing from recent discussions of tax reform is any systematic analysis of the effects of various tax proposals on skill formation. This gap in the literature in empirical public finance is due to the absence of any empirically based general equilibrium models with both human capital formation...

Persistent link: https://www.econbiz.de/10012472343

Inequality in Human Capital and Endogenous Credit Constraints

Hai, Rong - 2016

This paper investigates the determinants of inequality in human capital with an emphasis on the role of the credit constraints. We develop and estimate a model in which individuals face uninsured human capital risks and invest in education, acquire work experience, accumulate assets and smooth...

Persistent link: https://www.econbiz.de/10012455681

Maximum Impact Intergenerational Associations

Eshaghnia, Sadegh; Heckman, James J.; Landersø, Rasmus - National Bureau of Economic Research - 2023

This paper presents a new approach to measuring the intergenerational transmission of well-being and a novel perspective on which measures and what age ranges to use to estimate intergenerational social mobility. We select the measures and the age ranges that best predict important human capital...

Persistent link: https://www.econbiz.de/10014248011