Human Capital and the Future of Transition Economies. / Spagat, M.

2003. (Human Capital).

Research output: Working paperDiscussion paper

Published

Standard

Human Capital and the Future of Transition Economies. / Spagat, M.

2003. (Human Capital).

Research output: Working paperDiscussion paper

Harvard

APA

Vancouver

Spagat M. Human Capital and the Future of Transition Economies. 2003 Oct 2. (Human Capital).

Author

Spagat, M. / Human Capital and the Future of Transition Economies. 2003. (Human Capital).

BibTeX

@techreport{4f06e4b3e7ba42678a1461a64455b9e2,
title = "Human Capital and the Future of Transition Economies",
abstract = "Transition economies have an initial condition of high human capital relative to GDP per capita, giving them high growth potential. In the model, at a good equilibrium a large nuber of children of well-educated parents take advantage of their familybackgrounds and invest substantially in their own human capital. At a bad equilibrium, past educational achievements are wasted as children fail to build upon their parents' achievements. Policies and economic conditions can be decisive in determining the outcome. The model provides a basis for distinguishing development economics from transition economics.",
keywords = "Transition, Development, Human Capital, Education, Growth",
author = "M Spagat",
year = "2003",
month = oct,
day = "2",
language = "English",
series = "Human Capital",
type = "WorkingPaper",

}

RIS

TY - UNPB

T1 - Human Capital and the Future of Transition Economies

AU - Spagat, M

PY - 2003/10/2

Y1 - 2003/10/2

N2 - Transition economies have an initial condition of high human capital relative to GDP per capita, giving them high growth potential. In the model, at a good equilibrium a large nuber of children of well-educated parents take advantage of their familybackgrounds and invest substantially in their own human capital. At a bad equilibrium, past educational achievements are wasted as children fail to build upon their parents' achievements. Policies and economic conditions can be decisive in determining the outcome. The model provides a basis for distinguishing development economics from transition economics.

AB - Transition economies have an initial condition of high human capital relative to GDP per capita, giving them high growth potential. In the model, at a good equilibrium a large nuber of children of well-educated parents take advantage of their familybackgrounds and invest substantially in their own human capital. At a bad equilibrium, past educational achievements are wasted as children fail to build upon their parents' achievements. Policies and economic conditions can be decisive in determining the outcome. The model provides a basis for distinguishing development economics from transition economics.

KW - Transition

KW - Development

KW - Human Capital

KW - Education

KW - Growth

M3 - Discussion paper

T3 - Human Capital

BT - Human Capital and the Future of Transition Economies

ER -