This volume was prepared by Marc Piopiunik while he has been working at the Ifo Institute. It was completed in June 2011 and accepted as a doctoral thesis by the Department of Economics at the University of Munich. It includes four self-contained empirical studies. All studies aim at...

This paper focuses on the topic of “soft skills” as an intrinsic part of successful leadership. The first part of the paper presents a literature review about the shift in perspective in recent years on what matters in leadership, and the significant changes this prompted in some areas of...

Higher education is being confronted with a paradigm shift. Current literature supports the contention that higher education needs to improve their connection with the needs of employers to meet future workforce demands. Higher education is specifically challenged in improving the competency of...

Lifelong learning represents a key response to the demographic challenge in Germany. In terms of professional success, not only hard skills but also soft skills hold importance. Indeed, the OECD competence tests PISA and PIAAC have come to the fore, although acquired skills are still relevant....

During the last decade knowledge about human behavior from psychology and sociology has enhanced the field of economics of education. By now research recognizes cognitive skills (as measured by achievement tests) and soft skills (personality traits not adequately measured by achievement tests)...

Tendency of building a knowledge-based society and existing demands of employers generate a need for highly educated workers with diverse skills and competencies applicable in the workplace. The purpose of this paper is to investigate the extent to which employers perceive the difference of hard...

This paper explores the changing needs of employers and the business community in relation to the balance between technical and soft skills, such as communication skills, business presentation skills and other interpersonal skills. The researcher discusses the importance of soft relational...

How did skilled-biased technological change affect wage inequality, particularly between men and women? To answer that question this paper constructs a task-based Roy model in which workers possess a bundle of basic skills, and occupations are characterized as a bundle of basic tasks. The model...

This study presents preliminary results of the PSP Project, addressing students' soft skills development within the context of HEI. Theoretical framework is grounded in Person-Environment Fit theories (Rounds & Hesketh, 1994), and also in Evans (2001) starfish model. Study 1 aimed to identify...

This paper provides both a theoretical and an empirical investigation into the impact of job skill types on the black/white pay differentials. The theoretical analysis derives that the more intensively "soft"/"hard" skills are used in an occupation, the greater/smaller the black/white pay...