File2-page139 - Lecture 7 Human Capital Readings Tables and...

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Unformatted text preview: Lecture 7 Human Capital Readings Tables and figures in this lecture are taken from: Duflo, E. [2001], Schooling and Labor Market Consequences of School Construction in Indonesia: Evidence from an Unusual Policy Experiment, American Economic Review, 91(4): 795-813. Class based on Duflo, E. [2001], Schooling and Labor Market Consequences of School Construction in Indonesia: Evidence from an Unusual Policy Experiment, American Economic Review, 91(4): 795813. Introduction basic health and education – central to the development process Good health and literacy – allow people to lead better lives irrespective of their effects on poverty and growth – enable people to more fully participate in society – important dimension of welfare – highly complimentary with other dimensions (e.g. income) Human capital investments - driver of technological change and economic growth – Barro, Mankiw-Romer-Weil Basic health and education – key elements of “human development” – expanding access – highly positive consequences in terms of social protection and the alleviation of poverty 136 ...
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This note was uploaded on 12/29/2011 for the course ECO 307 taught by Professor Dublin during the Spring '10 term at SUNY Stony Brook.

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