Coping with Change: International Differences in the Returns to Skills

Eric Hanushek, Guido Schwerdt, Simon Wiederhold () and Ludger Woessmann
Additional contact information
Guido Schwerdt: University of Konstanz, CESifo, and IZA

CAGE Online Working Paper Series from Competitive Advantage in the Global Economy (CAGE)

Abstract: International data from the PIAAC survey allow estimation of comparable labor-market returns to skills for 32 countries. Returns to skills are larger in faster growing economies, consistent with the hypothesis that skills are particularly important for adaptation to economic change.

Keywords: returns to skills; economic growth; cognitive skills; international comparisons; disequilibria; knowledge capital JEL Classification: I2; J3; O15 (search for similar items in EconPapers)
Date: 2017
New Economics Papers: this item is included in nep-ltv
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Citations: View citations in EconPapers (50)

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https://www2.warwick.ac.uk/fac/soc/economics/resea ... 3-2017_woessmann.pdf

Related works:
Journal Article: Coping with change: International differences in the returns to skills (2017)
Working Paper: Coping with change: International differences in the returns to skills (2017)
Working Paper: Coping with Change: International Differences in the Returns to Skills (2016)
Working Paper: Coping with Change: International Differences in the Returns to Skills (2016)
Working Paper: Coping with Change: International Differences in the Returns to Skills (2016)
Working Paper: Coping with change: International differences in returns to skills (2016)
Working Paper: Coping with Change: International Differences in the Returns to Skills (2016)
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