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Human capital, tangible wealth, and the intangible capital residual (English)

Abstract

Since income is the return on wealth, the total wealth of any given country should be on the order of 20 times its gross domestic product. Instead the average observed ratio from the balance sheet accounts of the System of National Accounts is a factor... See More +

Details

  • Hamilton, Kirk; Liu, Gang;
  • 2013/03/01
  • Policy Research Working Paper
  • WPS6391
  • 1
  • 1
  • World
  • The World Region
  • 2013/03/01
  • Disclosed
  • Human capital, tangible wealth, and the intangible capital residual
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