Human capital through a prospective method: a study for latin america
El capital humano a través de un método prospectivo: un estudio para américa latina
Date
2017
2017
Author
Laverde Rojas, Heruy
Gaitan, Mercedes
Lis Gutierrez, Jenny Paola
Viloria Silva, Amelec Jesus
Vega Riano, Pilar
Metadata
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Abstract
This paper aims to evaluate education as a component of human capital in comparison to other types of investments that relate to the formation of this stock. First, this study uses a nonparametric method, known as prospective, to estimate the value of human capital for a sample of ten Latin American countries from a returns perspective. Then, through partial decompositions examines the contribution of education in the volumes of human capital. The results indicate positive effects of education that however tend to run out in the long run
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