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Changes in the characteristics and skills of British youths between the mid-1980s and mid-2000s are evaluated using a method recently developed by Altonji et al. The main finding is that skills have increased over time in successive cohorts of young people. The improvement is, however, uneven,...
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Regression and neural network models of wage determination are constructed where the explanatory variables include detailed information about skills. People skills, strategic skills, and IT skills all carry strong and significant wage premia; problem-solving skills (surprisingly) and physical...
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