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Capabilities and Skills

Author

Listed:
  • Heckman, James J.

    (University of Chicago)

  • Corbin, Chase O.

    (Center for the Economics of Human Development (CEHD))

Abstract
This paper discusses the relevance of recent research on the economics of human development to the work of the Human Development and Capability Association. The recent economics of human development brings insights about the dynamics of skill accumulation to an otherwise static literature on capabilities. Skills embodied in agents empower people. Enhanced skills enhance opportunities and hence promote capabilities. We address measurement problems common to both the economics of human development and the capability approach. The economics of human development analyzes the dynamics of preference formation, but is silent about which preferences should be used to evaluate alternative policies. This is both a strength and a limitation of the approach.

Suggested Citation

  • Heckman, James J. & Corbin, Chase O., 2016. "Capabilities and Skills," IZA Discussion Papers 10005, Institute of Labor Economics (IZA).
    • Handle: RePEc:iza:izadps:dp10005
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    1. Capabilities and Skills
      by maximorossi in NEP-LTV blog on 2016-07-20 17:28:54

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    3. Wang, Yao & Wang, Chunchao & Zhang, Rui, 2023. "Parental non-cognitive abilities and child mental health," Journal of Asian Economics, Elsevier, vol. 89(C).
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    6. Ahsan, Md Nazmul & Emran, M. Shahe & Shilpi, Forhad, 2024. "Complementarities and intergenerational educational mobility: Theory and evidence from Indonesia," Journal of Economic Behavior & Organization, Elsevier, vol. 225(C), pages 170-191.
    7. Pugno, Maurizio, 2020. "Enjoying life takes time and needs people, but economic progress runs and offers things," MPRA Paper 104378, University Library of Munich, Germany.
    8. Leandro Prados de la Escosura, 2021. "Augmented human development in the age of globalization," Economic History Review, Economic History Society, vol. 74(4), pages 946-975, November.
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    10. M. Shahe Emran & Asadul Islam & Forhad Shilpi, 2020. "Distributional Effects of Corruption When Enforcement is Biased: Theory and Evidence from Bribery in Schools in Bangladesh," Economica, London School of Economics and Political Science, vol. 87(348), pages 985-1015, October.
    11. Ralph Hippe & Luisa De Sousa Lobo Borges de Araujo & Patricia Dinis Mota da Costa, 2016. "Equity in Education in Europe," JRC Research Reports JRC104595, Joint Research Centre.
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    More about this item

    Keywords

    freedom; capabilities; skills; technology of skill formation;
    All these keywords.

    JEL classification:

    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • D04 - Microeconomics - - General - - - Microeconomic Policy: Formulation; Implementation; Evaluation
    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being

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