Human capital is the Philippines’ most important resource. Two examples of its benefit to the country: remittances from skilled and semi-skilled workers who work abroad amount to about 10 percent of its GDP, and it is one of the top destinations for foreign enterprises seeking educated workers...

Exploiting cross-birth cohort and cross-country variation from a pool of 188 household surveys from 111 countries, this paper measures how life expectancy at birth affects lifetime education and earnings. On average, individuals add one year of schooling for every 8.3 years of increased life...