Mental health conditions are prevalent but rarely treated in low- and middle-income countries (LMICs). Little is known about how these conditions affect economic participation. This paper shows that treating mental health conditions substantially improves recipients' capacity to work in these...

We investigate whether a causal interpretation of the robust association between cognitive skills and economic growth is appropriate and whether cross-country evidence supports a case for the economic benefits of effective school policy. We develop a new common metric that allows tracking...

What are the sources of wage growth in developing countries? In the USA, general labor market experience is the key source of wage growth, with job seniority playing a smaller role. By contrast, in Indonesia, the 10-year return to seniority is 24 to 28 %, which is higher than the return to...

The role of human capital (education and health) is recognized both in theoretical and empirical economic literature. Better education and health services enhance productivity and earnings of the workers. So the present study is an attempt to assess the impact of human capital in poverty...

This paper studies the relation between patterns of long-term economic growth and indeterminacy of equilibrium in an endogenous growth model with human capital formation. By introducing sector-specific externalities and a non-separable utility function into the Lucas model, we show that multiple...

This article shows that the main hypotheses used in the economic literature to explain the existence of low-skill traps are not necessary. In particular, if we relax two strong assumptions, those of perfect information in the labor market and individual homogeneity, less-developed countries may...

This paper dissects the relationship between human capital stock and real GDP per capita in Bangladesh using VEC and VAR techniques. Results show that GDP granger causes aggregate human capital stock. This paper constructs a measure of Bangladesh's human capital stock for the period of 1973-2004...

This paper exploits differences in the proportion of Russian settlers in the North Caucasus in the nineteenth century to estimate the effect of colonization on long-term development. The identification strategy relies on the fact that the primary purpose of Russian colonization was to protect...

The paper contributes to the literature on gender-based disparity in human capital by extending existing results on educational attainment to the number of years of experience that female vs. male managers have among informal or unregistered firms. Using the case of Rwanda, results show that the...

This study examines life satisfaction among immigrants in the US, a topic that has been little discussed in immigration studies. The New Immigrant Survey-Pilot is used to analyze the impact of different forms of capital, namely human, financial, and social capital, on life satisfaction and how...