Measuring Human Capital

Barbara Fraumeni
Elsevier S&T
222 pages
ISBN: 978-0128190579
July 2021

Measuring Human Capital addresses a country’s most important resource: its own people. For many years economists only used Gross Domestic Product (GDP), now acknowledged to be inadequate without supplemental measures, to gauge a country’s overall value. Looking beyond GDP, researchers, policymakers, government officials, and students can understand what elements impact human capital and how they might improve it in order to increase economic growth and well-being.