The study examines the relationship between human capital and economic growth by using a cross sectional sample of 106 countries to calculate an average over the period 2002–08. Sensitivity analysis on the core model found that the results are robust in terms of inclusion of relevant...

The paper presents a small macro model for Pakistan economy focusing the impact of investment in human capital on the key macroeconomic variables. The demand side is modeled along the Keynesian lines while the supply side is modeled as per neoclassical theory of production. This framework allows...