The World Bank Human Capital Index : A Guide

This paper provides a guide to the new World Bank Human Capital Index (HCI), situating its methodology in the context of the development accounting literature. The HCI combines indicators of health and education into a measure of the human capital that a child born today can expect to achieve by her...

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Main Author:	Kraay, Aart
Format:	Journal Article
Published:	Published by Oxford University Press on behalf of the World Bank 2020
Subjects:	HUMAN CAPITAL INDEX HUMAN CAPITAL HEALTH EDUCATION DEVELOPMENT ACCOUNTING PRODUCTIVITY
Online Access:	http://hdl.handle.net/10986/34343

id	okr-10986-34343
recordtype	oai_dc
spelling	okr-10986-343432021-05-25T10:54:39Z The World Bank Human Capital Index : A Guide Kraay, Aart HUMAN CAPITAL INDEX HUMAN CAPITAL HEALTH EDUCATION DEVELOPMENT ACCOUNTING PRODUCTIVITY This paper provides a guide to the new World Bank Human Capital Index (HCI), situating its methodology in the context of the development accounting literature. The HCI combines indicators of health and education into a measure of the human capital that a child born today can expect to achieve by her 18th birthday, given the risks of poor education and health that prevail in the country where she lives. The HCI is measured in units of productivity relative to a benchmark of complete education and full health, and ranges from 0 to 1. A value of x on the HCI indicates that a child born today can expect to be only x×100 percent as productive as a future worker as she would be if she enjoyed complete education and full health. 2020-08-12T18:45:11Z 2020-08-12T18:45:11Z 2019-02 Journal Article World Bank Research Observer 1564-6971 http://hdl.handle.net/10986/34343 CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Published by Oxford University Press on behalf of the World Bank Publications & Research Publications & Research :: Journal Article
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
topic	HUMAN CAPITAL INDEX HUMAN CAPITAL HEALTH EDUCATION DEVELOPMENT ACCOUNTING PRODUCTIVITY
spellingShingle	HUMAN CAPITAL INDEX HUMAN CAPITAL HEALTH EDUCATION DEVELOPMENT ACCOUNTING PRODUCTIVITY Kraay, Aart The World Bank Human Capital Index : A Guide
description	This paper provides a guide to the new World Bank Human Capital Index (HCI), situating its methodology in the context of the development accounting literature. The HCI combines indicators of health and education into a measure of the human capital that a child born today can expect to achieve by her 18th birthday, given the risks of poor education and health that prevail in the country where she lives. The HCI is measured in units of productivity relative to a benchmark of complete education and full health, and ranges from 0 to 1. A value of x on the HCI indicates that a child born today can expect to be only x×100 percent as productive as a future worker as she would be if she enjoyed complete education and full health.
format	Journal Article
author	Kraay, Aart
author_facet	Kraay, Aart
author_sort	Kraay, Aart
title	The World Bank Human Capital Index : A Guide
title_short	The World Bank Human Capital Index : A Guide
title_full	The World Bank Human Capital Index : A Guide
title_fullStr	The World Bank Human Capital Index : A Guide
title_full_unstemmed	The World Bank Human Capital Index : A Guide
title_sort	world bank human capital index : a guide
publisher	Published by Oxford University Press on behalf of the World Bank
publishDate	2020
url	http://hdl.handle.net/10986/34343
_version_	1764480700094873600

The World Bank Human Capital Index : A Guide

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