Artikel

The value of language skills

In today's globalized world, people are increasingly mobile and often need to communicate across different languages. Learning a new language is an investment in human capital. Migrants must learn the language of their destination country, but even non-migrants must often learn other languages if their work involves communicating with foreigners. Economic studies have shown that fluency in a dominant language is important to economic success and increases economic efficiency. However, maintaining linguistic diversity also has value since language is also an expression of people's culture.

Sprache
Englisch

Erschienen in
Journal: IZA World of Labor ; ISSN: 2054-9571 ; Year: 2021 ; Bonn: Institute of Labor Economics (IZA)

Klassifikation
Wirtschaft
Economics of Minorities, Races, Indigenous Peoples, and Immigrants; Non-labor Discrimination
Demographic Economics: Public Policy
Retirement; Retirement Policies
Geographic Labor Mobility; Immigrant Workers
Public Goods
Thema
language
human capital
immigration
lingua franca
English
linguistic diversity

Ereignis
Geistige Schöpfung
(wer)
Grenier, Gilles
Zhang, Weiguo
Ereignis
Veröffentlichung
(wer)
Institute of Labor Economics (IZA)
(wo)
Bonn
(wann)
2021

DOI
doi:10.15185/izawol.205.v2
Handle
Letzte Aktualisierung
10.03.2025, 11:45 MEZ

Datenpartner

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Objekttyp

  • Artikel

Beteiligte

  • Grenier, Gilles
  • Zhang, Weiguo
  • Institute of Labor Economics (IZA)

Entstanden

  • 2021

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