School of Economics and Administration Universidad de la República
Working paperDT 02/25

Nota Metodológica. Estimación del Capital Humano en Uruguay entre 1981-2023

  • 2025
  • Spanish

Abstract

This document aims to present the methodological foundations for calculating human capital in Uruguay between 1981 and 2023, based on the Encuestas Continua de Hogares. Human capital is understood as the quantity and productivity of the human resources available in an economy. Therefore, the estimates are based on three main variables: the number of workers, hours worked, and returns to education.

Keywords: human capital, Uruguay, fiscal rule.