Human Capital Policy - Klenow -
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
In his analysis of whether schooling causes growth , Klenow notes that while highly correlated, schooling itself explains less than one-third of the empirical relationship, suggesting growth may actually drive the demand for education. Human Capital Policy - James J. Heckman and Peter J. Klenow Research in The Allocation of Talent and U
Key themes in Klenow's broader research on human capital include: Klenow's work on Innovation and Human Capital Policy