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The paper reviews some national initiatives related to measuring the stock of human capital, indentifies some challenges to be addressed to improve the quality of existing monetary measures of human capital, and suggests developing experimental satellite accounts for education to better...
Persistent link: https://www.econbiz.de/10009683259
We compute a distribution-adjusted welfare measure that aggregates outcomes in three dimensions of well-being, namely income, employment and longevity. Aggregation weights reflect preferences of people on these dimensions. The welfare measure is calculated for 26 OECD countries and selected...
Persistent link: https://www.econbiz.de/10011574092