Human Capital and Growth
American Economic ReviewPublished 1 May 2015
Robert E. Lucas
Citations1,031
SJR quartileQ1
SJR score25.10
SNIP6.91
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Abstract
This paper describes a growth model with the property that human capital accumulation can account for all observed growth. The model is shown to be consistent with evidence on individual productivities as measured by census earnings data. The central hypothesis is that we learn more when we interact with more productive people.
Keywords
Economics, Econometrics and Finance
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