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2006 | nr 1 Financial markets : principles of modeling forecasting and decision-making | 257--271
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Measuring Human capital in Poland

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Chapter 17 is focused on growth theory. It is devoted to human capital and its role in endogenous growth. It has been shown that problems with the measurement of human capital only partly can be attributed to the deficiency in the data. Stock measures of human capital over inflow proxies are supported in the analysis. They seem to be more appropriate in testing growth theory. Hence, future research in emerging and transition economies should be directed into the income-based measures and the aspects of ageing and migrations. (fragment of text)
  • University of Lodz, Poland
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