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The Knowledge Trap: Human Capital and Development Reconsidered

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NBER2008-06-01 更新2025-01-04 收录
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This paper presents a model where human capital differences - rather than technology differences - can explain several central phenomena in the world economy. The results follow from the educational choices of workers, who decide not just how long to train, but also how broadly. A "knowledge trap"

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2008-06-01
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