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Are labor markets in higher-income countries more meritocratic, in the sense that worker-job matching is based on skills rather than idiosyncratic attributes unrelated to productivity? If so, why? And what are the aggregate consequences? Using internationally comparable data on worker skills and...
Persistent link: https://www.econbiz.de/10014520525
In this paper I analyze the effects of information and communication technology (ICT) on compensation shares of high-, medium-, and low-skilled workers. Com- pared to other studies, I investigate this question using a considerably richer data set with respect to the length of time series, set of...
Persistent link: https://www.econbiz.de/10003953009
The economics profession has made considerable progress in understanding the increase in wage inequality in the U.S. and the UK over the past several decades, but currently lacks a consensus on why inequality did not increase, or increased much less, in (continental) Europe over the same time...
Persistent link: https://www.econbiz.de/10014119494
Making use of an international survey that directly assesses the participants' cognitive skills, I study the effect of skills on employment in 32 countries. On average, a one-standard-deviation increase in numeracy skills is associated with an 8.4 percentage-point increase in the probability of...
Persistent link: https://www.econbiz.de/10012902802
for a one-standard-deviation increase in ICT skills in the international analysis and are almost twice as large in Germany …
Persistent link: https://www.econbiz.de/10011416403
Using an international survey that directly assesses the cognitive skills of the adult population, I study the relation between skills and unemployment flows across 37 countries. Depending on the specifically assessed domain, I document that skills have an unconditional correlation with the...
Persistent link: https://www.econbiz.de/10012854746
Using an international survey that directly assesses the cognitive skills of the adult population, I study the relation between skills and unemployment flows across 37 countries. Depending on the specifically assessed domain, I document that skills have an unconditional correlation with the...
Persistent link: https://www.econbiz.de/10012506887
Persistent link: https://www.econbiz.de/10009719597
Persistent link: https://www.econbiz.de/10014518918
Persistent link: https://www.econbiz.de/10001546509