The Effect of Increasing Human Capital Investment on Economic Growth and Poverty: A Simulation Exercise. A simulation exercise.

Autor/inn/en	Collin, Matthew; Weil, David N.
Titel	The Effect of Increasing Human Capital Investment on Economic Growth and Poverty: A Simulation Exercise. A simulation exercise. Gefälligkeitsübersetzung: Der Einfluss steigender Humankapitalinvestitionen auf Wirtschaftswachstum und Armut: eine Simulationsübung.
Quelle	In: Journal of human capital, 14 (2020) 1, S. 43-83 PDF als Volltext Link als defekt meldenVerfügbarkeit
Sprache	englisch
Dokumenttyp	online; gedruckt; Zeitschriftenaufsatz
ISSN	1932-8575; 1932-8664
DOI	10.1086/708195
Schlagwörter	Bildung; Bildungsniveau; Armut; Bevölkerungsstruktur; Bruttoinlandsprodukt; Einkommenseffekt; Investition; Wirtschaftswachstum; Qualifikationsstruktur; Internationaler Vergleich; Auswirkung; Prognose; Szenarium; Welt
Abstract	"We examine the dynamic responses of income and poverty to increased investment in the human capital of new cohorts of workers, using a quantitative macroeconomic model with realistic demography. Higher investment leads to significant improvements, although phase-in takes considerable time. Gains are largest in poor countries. We argue in the context of our model that investing in people is more cost effective than investing in physical capital as a means to achieve specified income or poverty goals. We also study the effect of higher human capital on fertility and the follow-on effects of lower fertility on income." (Author's abstract, IAB-Doku).
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2020/3