Working Paper

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

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collection.link.5
https://openknowledge.worldbank.org/handle/10986/9
collection.name.5
Policy Research Working Papers
dc.contributor.author
Jedwab, Remi
dc.contributor.author
Romer, Paul
dc.contributor.author
Islam, Asif
dc.contributor.author
Samaniego, Roberto
dc.date.accessioned
2021-09-30T13:04:43Z
dc.date.available
2021-09-30T13:04:43Z
dc.date.issued
2021-09
dc.date.lastModified
2021-10-01T05:10:33Z
dc.description.abstract
In 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.identifier
http://documents.worldbank.org/curated/undefined/206471632935956594/Human-Capital-Accumulation-at-Work-Estimates-for-the-World-and-Implications-for-Development
dc.identifier.uri
http://hdl.handle.net/10986/36315
dc.language
English
dc.publisher
World Bank, Washington, DC
dc.relation.ispartofseries
Policy Research Working Paper;No. 9786
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo
dc.subject
RETURNS TO EDUCATION
dc.subject
RETURNS TO EXPERIENCE
dc.subject
HUMAN CAPITAL
dc.subject
ECONOMIC DEVELOPMENT
dc.subject
LABOR MARKET
dc.subject
DEVELOPMENT ACCOUNTING
dc.title
Human Capital Accumulation at Work
en
dc.title.subtitle
Estimates for the World and Implications for Development
en
dc.type
Working Paper
en
okr.date.disclosure
2021-09-29
okr.date.lastmodified
2021-09-29T00:00:00Z
en
okr.doctype
Publications & Research
okr.doctype
Publications & Research :: Policy Research Working Paper
okr.docurl
http://documents.worldbank.org/curated/undefined/206471632935956594/Human-Capital-Accumulation-at-Work-Estimates-for-the-World-and-Implications-for-Development
okr.googlescholar.linkpresent
yes
okr.guid
206471632935956594
okr.identifier.doi
10.1596/1813-9450-9786
okr.identifier.externaldocumentum
090224b088a0a861_1_0
okr.identifier.internaldocumentum
33451712
okr.identifier.report
WPS9786
okr.imported
true
en
okr.language.supported
en
okr.pdfurl
http://documents.worldbank.org/curated/en/206471632935956594/pdf/Human-Capital-Accumulation-at-Work-Estimates-for-the-World-and-Implications-for-Development.pdf
en
okr.topic
Education :: Economics of Education
okr.topic
Education :: Educational Sciences
okr.topic
Social Protections and Labor :: Employment and Unemployment
okr.topic
Social Protections and Labor :: Labor Markets
okr.unit
Office of the Chief Economist, Middle East and North Africa Region

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