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Ben Jones

Ben Jones

Associate Professor

Management & Strategy

Ph.D., MIT, 2003
M.Phil., Oxford University, 1997
BSE, Princeton University, 1995


The Human Capital Stock: A Generalized Framework

Abstract: This paper presents a new framework for human capital measurement. The generalized framework can (i) substantially amplify the role of human capital in accounting for cross-country income differences and (ii) reconcile the existing conflict between regression and accounting evidence in assessing the wealth and poverty of nations. One natural interpretation emphasizes differences across economies in the acquisition of advanced knowledge by skilled workers.

Paper (.pdf)






©2001 Kellogg School of Management, Northwestern University