| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w19762 |
| 来源ID | Working Paper 19762 |
| Returns to Skills around the World: Evidence from PIAAC | |
| Eric A. Hanushek; Guido Schwerdt; Simon Wiederhold; Ludger Woessmann | |
| 发表日期 | 2013-12-19 |
| 出版年 | 2013 |
| 语种 | 英语 |
| 摘要 | Existing estimates of the labor-market returns to human capital give a distorted picture of the role of skills across different economies. International comparisons of earnings analyses rely almost exclusively on school attainment measures of human capital, and evidence incorporating direct measures of cognitive skills is mostly restricted to early-career workers in the United States. Analysis of the new PIAAC survey of adult skills over the full lifecycle in 22 countries shows that the focus on early-career earnings leads to underestimating the lifetime returns to skills by about one quarter. On average, a one-standard- deviation increase in numeracy skills is associated with an 18 percent wage increase among prime-age workers. But this masks considerable heterogeneity across countries. Eight countries, including all Nordic countries, have returns between 12 and 15 percent, while six are above 21 percent with the largest return being 28 percent in the United States. Estimates are remarkably robust to different earnings and skill measures, additional controls, and various subgroups. Intriguingly, returns to skills are systematically lower in countries with higher union density, stricter employment protection, and larger public-sector shares. |
| 主题 | Health, Education, and Welfare ; Education ; Labor Economics ; Labor Compensation |
| URL | https://www.nber.org/papers/w19762 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/577436 |
| 推荐引用方式 GB/T 7714 | Eric A. Hanushek,Guido Schwerdt,Simon Wiederhold,et al. Returns to Skills around the World: Evidence from PIAAC. 2013. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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