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This paper calculates new measures of human capital. Contrary to the existing literature, they are based on realistic rates of return to education, which are allowed to vary substantially across countries and to some extent over time. The new measures perform well in regression analysis...
Persistent link: https://www.econbiz.de/10012202839
Persistent link: https://www.econbiz.de/10000940340
This paper uses a new measure of human capital that works much better in explaining productivity in OECD countries compared to earlier measures of human capital to investigate the educational policy drivers of human capital. A novel methodology is utilised by interacting educational policies,...
Persistent link: https://www.econbiz.de/10012202844
China has made impressive strides in education in recent decades, even though the accumulation of human capital has lagged behind that of physical capital. Going forward, access to and quality of education will be key to sustain economic convergence with the most advanced economies and to offset...
Persistent link: https://www.econbiz.de/10011399425
This paper explores the link between skill and qualification mismatch and labour productivity using cross-country industry data for 19 OECD countries. Utilising mismatch indicators aggregated from micro-data sourced from the recent OECD Survey of Adult Skills (PIAAC), the main results suggest...
Persistent link: https://www.econbiz.de/10011399323
This paper extends earlier OECD work exploring the link between skills mismatch, productivity and policies to include the countries in the second wave of OECD Survey of Adult Skills, with a special focus on New Zealand. We find that the percentage of workers who are mismatched in terms of skills...
Persistent link: https://www.econbiz.de/10011700559
This work proposes a task-based methodology for the measurement of employment and investment in organisational capital …
Persistent link: https://www.econbiz.de/10011403432
Swiss GDP per capita stands amongst the top OECD performers. However, to face medium-term challenges productivity developments will be key to allow the country to maintain its enviable position. Recent trends have not been favourable, with productivity growth underperforming peer countries....
Persistent link: https://www.econbiz.de/10011823650
This manual provides guidance on how to measure and interpret measurements of globalization's extent and intensity. The manual defines concepts and puts forward guidelines for data collection and fine-tuning of globalization indicators. In particular, it looks at indicators related to foreign...
Persistent link: https://www.econbiz.de/10002858611