The Human Capital Index (HCI) developed by the [World Bank, 2018a. human capital project. World Bank. https://hdl.handle.net/10986/30498 Accessed 26 February 2019] provides a measure which can be used to study (HC) productivity gaps between countries. HCI uses measures of survival, education and health estimate, at country level, HC ‘a child born today expect attain her/his 18th birthday, given...

Sustainable Livelihoods Approach emerged in the 1980s as a new analytical approach in the field of rural development inwhich the rural livelihood capitals form the basis of the villagers' empowerment and their ability to get involved in their own individual and social destiny. This study aimed to answer the question that how much the importance of each type of livelihood capitals is in the Cent...

The purpose of this essay is to discuss the “human capital” approach to inference. Observed decisions by experts can be used to organize data on their decisions using simple machine learning techniques. The fact that the human capital of these experts is heterogeneous implies that errors in decision making are inevitable, which in turn allows us to identify the conditional average treatment eff...