Download the fantastic book titled Guide on Measuring Human Capital written by United Nations Economic Commission for Europe, available in its entirety in both PDF and EPUB formats for online reading. This page includes a concise summary, a preview of the book cover, and detailed information about "Guide on Measuring Human Capital", which was released on 16 January 2017. We suggest perusing the summary before initiating your download. This book is a top selection for enthusiasts of the Political Science genre.
Summary of Guide on Measuring Human Capital by United Nations Economic Commission for Europe PDF
The idea of viewing individuals’ knowledge and abilities as an asset—as human capital—can be traced back to the work of Adam Smith in the 18th century. But human capital is intangible, and hence hard to define and measure. Increasingly, however, policymakers are calling for ways to understand and quantify human capital, in order to better understand what drives economic growth and the functioning of labour markets, to assess the long-term sustainability of a country’s development path, and to measure the output and productivity performance of the educational sector. Devising a robust methodology for the monetary valuation of the stock of human capital is especially important as studies suggest that human capital is by far the most important component of the total capital stock in most advanced economies. This Guide on Measuring Human Capital discusses conceptual, methodological and implementation issues and challenges. The recommendations are a first attempt to come up with a way to estimate and record the role of human capital in a way that is aligned with the principles of the national accounts and that is comparable across economies.
Detail About Guide on Measuring Human Capital PDF
- Author : United Nations Economic Commission for Europe
- Publisher : United Nations
- Genre : Political Science
- Total Pages : 154 pages
- ISBN : 9210598660
- Release Date : 16 January 2017
- PDF File Size : 16,5 Mb
- Language : English
- Rating : 4/5 from 21 reviews
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