Human Capital Modelling


The Wittgenstein Centre’s focus in the area of “Human Capital Modelling” clearly is on the integration of education and population. This is expressed in the claim that education has to be added by default as the third major determinant of demographic change next to age and sex in the context of population projections. Women with higher education almost universally have fewer children, education is associated with better health and lower mortality, as well as differences in migration patterns. Hence, our picture of the future World greatly depends on further progress being made in the area of education, particularly of women in today’s high fertility contexts. Methodologically, existing tools of multi-state cohort-component analysis can be applied to achieve this integration and thus add the “quality dimension” to our assessment of what the future will look like. Currently, we are focusing on how the interaction between personal characteristics represented by age, sex, and educational attainment and the spatial location represented by rural/urban place of residence and sub-regions within a country impacts future population dynamics. We are developing an open-source software in R to provide the methodology easily available to the end-users.

 

Key concepts

Analysis of important sources of population heterogeneity (human capital and spatial) on population dynamics (total population), population ageing (in Europe) and in other settings e.g. on fertility in sub-Saharan Africa

 

The Wittgenstein Centre aspires to be a world leader in the advancement of demographic methods and their application to the analysis of human capital and population dynamics. It is a collaboration among the World Population Program of the International Institute for Applied Systems Analysis (IIASA), the Vienna Institute of Demography of the Austrian Academy of Sciences (VID/ÖAW) and the Demography Group and the Research Institute on Human Capital and Development of the Vienna University of Economics and Business (WU).

Wittgenstein Centre Partner: WU Wittgenstein Centre Partner: OEAW Wittgenstein Centre Partner: IIASA