Coping with Change: International Differences in the Returns to Skills

Expanded international data from the PIAAC survey of adult skills allow us to analyze potential sources of the cross-country variation of comparably estimated labor-market returns to skills in a more diverse set of 32 countries. Returns to skills are systematically larger in countries that have grown faster in the recent past, consistent with models where skills are particularly important for adaptation to dynamic economic change.

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Year of publication:	2016
Authors:	Hanushek, Eric A. ; Schwerdt, Guido ; Wiederhold, Simon ; Woessmann, Ludger
Publisher:	Bonn : Institute for the Study of Labor (IZA)
Subject:	economic growth \| returns to education \| cognitive skills \| international comparisons

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Series:	IZA Discussion Papers ; 10249
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	870043331 [GVK] hdl:10419/147935 [Handle] RePEc:iza:izadps:dp10249 [RePEc]
Classification:	J31 - Wage Level and Structure; Wage Differentials by Skill, Training, Occupation, etc ; I20 - Education. General ; O15 - Human Resources; Income Distribution; Migration
Source:	EconStor

Persistent link: https://www.econbiz.de/10011559677