We investigate human capital accumulation in Spain using income- and education-based alternative approaches. We, then, assess human capital impact on labor productivity growth and discuss the implications of its alternative measures for TFP growth. Trends in human capital are similar with either...

Long-run trends in Africa's wellbeing are provided on the basis of a new index of human development, alternative to the UNDP's HDI. A long-run improvement in African human development is found that it falls short of those experienced in other developing regions. A closer look at Africa reveals...