Arbeitspapier

Coping with Change: International Differences in the Returns to Skills

Expanded international data from the PIAAC survey of adult skills allow us to analyze potentialsources of the cross-country variation of comparably estimated labor-market returns to skills in amore diverse set of 32 countries. Returns to skills are systematically larger in countries that havegrown faster in the recent past, consistent with models where skills are particularly important foradaptation to dynamic economic change.

Language
Englisch

Bibliographic citation
Series: CESifo Working Paper ; No. 6114

Classification
Wirtschaft
Wage Level and Structure; Wage Differentials
Education and Research Institutions: General
Economic Development: Human Resources; Human Development; Income Distribution; Migration
Subject
cognitive skills
returns to education
economic growth
international comparisons

Event
Geistige Schöpfung
(who)
Hanushek, Eric A.
Schwerdt, Guido
Wiederhold, Simon
Woessmann, Ludger
Event
Veröffentlichung
(who)
Center for Economic Studies and ifo Institute (CESifo)
(where)
Munich
(when)
2016

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Hanushek, Eric A.
  • Schwerdt, Guido
  • Wiederhold, Simon
  • Woessmann, Ludger
  • Center for Economic Studies and ifo Institute (CESifo)

Time of origin

  • 2016

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