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How important is mastering information and communication technologies (ICT) in modern labor markets? We present the first evidence on this question, drawing on unique data that provide internationally comparable information on ICT skills in 19 countries. Our identification strategy relies on the...
Persistent link: https://www.econbiz.de/10011416403
Estimates of the effect of education on GDP (the social return) have been hard to reconcile with micro evidence on the … of education reduces the private return by 2 percentage points, consistent with Katz-Murphy's (1992) elasticity of …
Persistent link: https://www.econbiz.de/10011325967
between human capital and wages are described. Three types of estimation problem are discussed: (1) bias due to omitted …
Persistent link: https://www.econbiz.de/10014080486
A consensus has been forged in the last decade that recent periods of sustained growth in total factor productivity and reduced poverty are closely associated with improvements in a population's child nutrition, adult health, and schooling, particularly in low-income countries. Estimates of the...
Persistent link: https://www.econbiz.de/10014087237
A consensus has been forged in the last decade that recent periods of sustained growth in total factor productivity and reduced poverty are closely associated with improvements in a population's child nutrition, adult health, and schooling, particularly in low-income countries. Estimates of the...
Persistent link: https://www.econbiz.de/10011613259
An emerging economic literature over the past decade has made use of international tests of educational achievement to analyze the determinants and impacts of cognitive skills. The cross-country comparative approach provides a number of unique advantages over national studies: It can exploit...
Persistent link: https://www.econbiz.de/10014025660
paper uses the Over-education/ Required education/Under-education specification of the earnings equation to explore the … years of under-education. A set of predictions is presented to assess the relative importance of these channels, and the … over-education channel is shown to be the more influential factor. This channel is linked to greater positive selection in …
Persistent link: https://www.econbiz.de/10008688727
demand shifts. Moreover, these demographic changes account for the differential dynamics of the age premium across education …
Persistent link: https://www.econbiz.de/10009683488
nonsignificant. Regarding education types, individuals with apprenticeship training constitute a special group. Their returns to … places them in between. The type of education thus matters more than education length in determining wage growth …
Persistent link: https://www.econbiz.de/10014198570
An emerging economic literature over the past decade has made use of international tests of educational achievement to analyze the determinants and impacts of cognitive skills. The cross-country comparative approach provides a number of unique advantages over national studies: It can exploit...
Persistent link: https://www.econbiz.de/10010274183