January 21, 2023Caselli (2005) uses the following function to estimate human capital across countries as a function of thee average years of schooling of their workers, h = e0(‘) where /0.134 x s if 8 4 0(s) = 0.134 x 4 + 0.101 x (s — 4) if4 by Osman Question 3 A common way to measure human capital per worker is to suppose it is a function of schooling, […]