Measuring Human Capital in Europe and Central Asia

Asli Demirguc-Kunt and Ivan Torre

No 9458, Policy Research Working Paper Series from The World Bank

Abstract: This paper outlines an extension of the Human Capital Index that addresses the specificchallenges in education and health faced by countries in Europe and Central Asia. Good basic education will not beenough, as job markets today demand higher levels of human capital than in the past. As the region’s population becomesolder, it is important that adults remain healthy to ensure productive aging. The Europe and Central Asia Human CapitalIndex (ECA-HCI) extends the Human Capital Index by adding a measure of quality-adjusted years of higher education to theoriginal education component, and it includes the prevalence of three adult health risk factors -- obesity, smoking, andheavy drinking -- as an additional proxy for latent health status. This extension of the Human Capital Index could alsobe useful for assessing the state of human capital in middle-income countries in general.

Keywords: Educational Sciences; Health Care Services Industry; Tertiary Education; Primary Education; Disease Control & Prevention (search for similar items in EconPapers)
Date: 2020-10-27
New Economics Papers: this item is included in nep-cis
References: Add references at CitEc
Citations:

Downloads: (external link)
http://documents.worldbank.org/curated/en/98888160 ... and-Central-Asia.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wbk:wbrwps:9458

Access Statistics for this paper

More papers in Policy Research Working Paper Series from The World Bank 1818 H Street, N.W., Washington, DC 20433. Contact information at EDIRC.
Bibliographic data for series maintained by Roula I. Yazigi ().