Weede, Erich; Kampf, Sebastian - In: Kyklos 55 (2002) 3, pp. 361-80
Standard indicators of human capital endowment--like literacy, school enrollment ratios or years of schooling--suffer from a number of defects. They are crude. Mostly, they refer to input rather than output measures of human capital formation. Occasionally, they produce implausible effects. They...
