Human capital is increasingly believed to play an important role in the growth process; however, adequately measuring its stock remains controversial. Because the estimated impact that human capital has on economic growth is sensitive to the measures or proxies of human capital, accurate and...

Many aggregate measures of wellbeing and sustainability exist to guide policy-makers. However, the power of these aggregate measures to predict objective wellbeing outcomes has received little comparative testing. We compile and compare a range of aggregate wellbeing measures including: material...

This paper uses data from eight different consumption questionnaires randomly assigned to 4,000 households in Tanzania to obtain evidence on the nature of measurement errors in estimates of household consumption. While there are no validation data, the design of one questionnaire and the...