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UID:event-9981@amse-aixmarseille.fr
DTSTAMP:20260430T152728Z
CREATED:20260430T152728Z
LAST-MODIFIED:20260430T152728Z
STATUS:CONFIRMED
SEQUENCE:0
SUMMARY:French-Japanese webinar - Balazs Egert
DTSTART:20230512T090000Z
DTEND:20230512T100000Z
DESCRIPTION:This paper provides a new measure of human capital using PISA a
 nd PIAAC surveys\, and mean years of schooling. The new measure is a cohort
 -weighted average of past PISA scores (representing the quality of educatio
 n) of the working age population and the corresponding mean years of school
 ing (representing the quantity of education). In contrast to the existing l
 iterature\, the relative weights of each component are not imposed or calib
 rated but directly estimated. The paper finds that the elasticity of the st
 ock of human capital with respect to the quality of education is three to f
 our times larger than for the quantity of education. The new measure has a 
 strong link to productivity with the potential for productivity gains being
  much greater from improvements in the quality than quantity component of h
 uman capital. The magnitude of these potential gains in MFP is considerable
  but the effects materialise with long lags. The paper simulates the impact
  of a particular reform to education policy (pre-primary education) on huma
 n capital and productivity to demonstrate the usefulness of the new measure
  for policy analysis.\\n\\nContact: Gilles Dufrénot : gilles.dufrenot[at]s
 ciencespo-aix.frKiyotaka Sato : sato[at]ynu.ac.jp\n\nPlus d'informations: 
 https://amse-aixmarseille.fr/fr/evenements/balazs-egert
URL;VALUE=URI:https://amse-aixmarseille.fr/fr/evenements/balazs-egert
CONTACT:Gilles Dufrénot : gilles.dufrenot[at]sciencespo-aix.frKiyotaka Sat
 o :&nbsp\;sato[at]ynu.ac.jp
TRANSP:OPAQUE
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