Applying the lifetime income approach the paper provides estimates for Russia's stock of human capital. The results show that using an annual discount rate of 4 per cent and assuming annual labor productivity growth of 5,2 per cent, the market value of Russia's human capital stock in 2010 was...

A swelling stream of literature employs age-heaping as an indicator of human capital, more specifically of numeracy. We re-examine this connection in light of evidence drawn from nineteenth century Italy: census data, death records, and direct, qualitative evidence on age-awareness and numeracy....