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

@inproceedings{Collin2018TheEO,
  title={The Effect of Increasing Human Capital Investment on Economic Growth and Poverty : A Simulation Exercise},
  author={Matthew Collin and David Weil},
  year={2018}
}
This paper examines 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. Compared to a baseline in which the rate of human capital investment currently observed in every country remains constant, the paper examines two alternative scenarios: one in which each country experiences a rate of growth of human capital investment that is typical of what was observed in the… CONTINUE READING

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