Sources:
    Edit
    Topics:
      Edit
      Types:
        Edit
        of  25
        Human Capital  Tangible Wealth  and the Intangible Capital Residual
        Human Capital  Tangible Wealth  and the Intangible Capital Residual
        Human Capital  Tangible Wealth  and the Intangible Capital Residual
        Human Capital  Tangible Wealth  and the Intangible Capital Residual
        Human Capital  Tangible Wealth  and the Intangible Capital Residual
        Human Capital  Tangible Wealth  and the Intangible Capital Residual
        Human Capital  Tangible Wealth  and the Intangible Capital Residual
        Human Capital  Tangible Wealth  and the Intangible Capital Residual
        Human Capital  Tangible Wealth  and the Intangible Capital Residual
        Human Capital  Tangible Wealth  and the Intangible Capital Residual
        Human Capital  Tangible Wealth  and the Intangible Capital Residual
        Human Capital  Tangible Wealth  and the Intangible Capital Residual
        Human Capital  Tangible Wealth  and the Intangible Capital Residual
        Human Capital  Tangible Wealth  and the Intangible Capital Residual
        Human Capital  Tangible Wealth  and the Intangible Capital Residual
        Human Capital  Tangible Wealth  and the Intangible Capital Residual
        Human Capital  Tangible Wealth  and the Intangible Capital Residual
        Human Capital  Tangible Wealth  and the Intangible Capital Residual
        Human Capital  Tangible Wealth  and the Intangible Capital Residual
        Human Capital  Tangible Wealth  and the Intangible Capital Residual
        Human Capital  Tangible Wealth  and the Intangible Capital Residual
        Human Capital  Tangible Wealth  and the Intangible Capital Residual
        Human Capital  Tangible Wealth  and the Intangible Capital Residual
        Human Capital  Tangible Wealth  and the Intangible Capital Residual
        Human Capital  Tangible Wealth  and the Intangible Capital Residual

        Embed document

        Human Capital Tangible Wealth and the Intangible Capital Residual

        ABSTRACT

        Since income is the return on wealth, the total wealth of any given country should be on the order of 20 times its gross domestic product Instead the average observed ratio from the balance sheet accounts of the System of National Accounts is a factor of 26 to 66, depending on whether natural resource stocks are included in the balance sheet The clear implication is that the System of National Accounts wealth accounts are incomplete, with the most obvious omission being human capital Estimating the value of human capital using the lifetime income approach for a sample of 13 (mostly high-income) countries yields a mean share of human capital in total wealth of 62 percent-four times the value of produce ....read more

        Edit
        Report copyright violation

        COMMENTS

        DOCUMENT INFO

        • TypeReport, Research Paper
        • PriceFree
        • FormatPDF
        • Size647 KB
        • LanguageEnglish
        • Stacks0
        • Postedabout 4 years ago
        • Authored-
        • Added byHashdoc Content Review
        Search in: