Giuseppe Folloni|Giorgio Vittadini
HUMAN CAPITAL MEASUREMENT: A SURVEY
University of Trento|University of Milano-Bicocca
abstract short history concept human capital henceforth hc economic thought section 1 study presents two main methods estimating value stock hc retrospective prospective one review models proposed section 2 methods linked theory hc investment rational choice section 3 literature analysing contribution hc investment economic growth hc estimating method educational attainment section 4 recent literature hc latent variable also assessed section 5 new method estimation hc seen unknown function formative indicators latent effect underlying earned income proposed section 6 section 7 concludes