Human Capital Policy - Klenow Apr 2026

Research in The Allocation of Talent and U.S. Economic Growth suggests that 20% to 40% of U.S. economic growth from 1960–2010 resulted from women and Black men entering high-skilled occupations, representing a better allocation of innate talent.

Klenow's work on Innovation and Human Capital Policy argues for "supply-side" policies, such as increasing STEM exposure for talented but disadvantaged youth, to boost the number of inventors and drive long-term growth. Human Capital Policy - Klenow

Key themes in Klenow's broader research on human capital include: Research in The Allocation of Talent and U

In the paper , Peter Klenow and James Heckman examine policies aimed at increasing formal schooling and improving access to higher education, particularly for children from low-income families. particularly for children from low-income families.

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