This monograph, which has been prepared as a Research Report to the New Zealand (New Zealand) Treasury, undertakes three main tasks: (1) describing the various forms of tangible and intangible human capital, their relationship to "capabilities" affecting human well-being, and the channels...

This paper reviews evidence that a greater education causes better outcomes in life, over and above the effects of having a higher-paying job. Comparatively little has been written which draws together evidence on the wider (that is, wider than just earnings-related) benefits of education,...

This paper draws on recent empirical evidence to look at how human capital policies in New Zealand can achieve "Inclusive Economy" objectives. In particular it looks at evidence on policies that are best to promote growth, and to improve the distribution of well-being; whether they are the same,...

The paper examines the outcomes of youth not in education, employment or training (NEET) up to four years after the initial long-term spell of NEET. The paper covers outcomes of NEETs in relation to benefit receipt, education, employment and future inactivity. These outcomes are compared across...