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Human Capital Accumulation at Work: Estimates for the World and Implications for Development

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dc.contributor.authorJedwab, Remi
dc.contributor.authorRomer, Paul
dc.contributor.authorIslam, Asif
dc.contributor.authorSamaniego, Roberto
dc.date.accessioned2021-09-30T13:04:43Z
dc.date.available2021-09-30T13:04:43Z
dc.date.issued2021-09
dc.description.abstractIn this paper, the authors: (i) study wage-experience profiles and obtain measures of returns to potential work experience using data from about 24 million individuals in 1,084 household surveys and census samples across 145 countries; (ii) show that returns to work experience are strongly correlated with economic development—workers in developed countries appear to accumulate twice more human capital at work than workers in developing countries; (iii) use a simple accounting framework to find that the contribution of work experience to human capital accumulation and economic development might be as important as the contribution of education itself; and (iv) employ panel regressions to investigate how changes in the returns over time correlate with several factors such as economic recessions, transitions, and human capital stocks.en
dc.identifierhttp://documents.worldbank.org/curated/undefined/206471632935956594/Human-Capital-Accumulation-at-Work-Estimates-for-the-World-and-Implications-for-Development
dc.identifier.doi10.1596/1813-9450-9786
dc.identifier.urihttps://hdl.handle.net/10986/36315
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 9786
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectRETURNS TO EDUCATION
dc.subjectRETURNS TO EXPERIENCE
dc.subjectHUMAN CAPITAL
dc.subjectECONOMIC DEVELOPMENT
dc.subjectLABOR MARKET
dc.subjectDEVELOPMENT ACCOUNTING
dc.titleHuman Capital Accumulation at Worken
dc.title.subtitleEstimates for the World and Implications for Developmenten
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleHuman Capital Accumulation at Work: Estimates for the World and Implications for Development
okr.date.disclosure2021-09-29
okr.date.doiregistration2025-04-10T10:36:06.483724Z
okr.date.lastmodified2021-09-29T00:00:00Zen
okr.doctypePublications & Research
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://documents.worldbank.org/curated/undefined/206471632935956594/Human-Capital-Accumulation-at-Work-Estimates-for-the-World-and-Implications-for-Development
okr.guid206471632935956594
okr.identifier.doi10.1596/1813-9450-9786
okr.identifier.externaldocumentum090224b088a0a861_1_0
okr.identifier.internaldocumentum33451712
okr.identifier.reportWPS9786
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/206471632935956594/pdf/Human-Capital-Accumulation-at-Work-Estimates-for-the-World-and-Implications-for-Development.pdfen
okr.topicEducation::Economics of Education
okr.topicEducation::Educational Sciences
okr.topicSocial Protections and Labor::Employment and Unemployment
okr.topicSocial Protections and Labor::Labor Markets
okr.unitOffice of the Chief Economist, Middle East and North Africa Region
relation.isAuthorOfPublicationa811f38c-2de2-5ccd-907b-8c99fc4a5039
relation.isAuthorOfPublication.latestForDiscoverya811f38c-2de2-5ccd-907b-8c99fc4a5039
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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