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The OECD Survey of Adult Skills is the jewel in the crown of its Programme for the International Assessment of Adult Competencies (PIAAC). This paper argues that the findings and policy lessons from the project to date justify the high hopes which were placed in PIAAC when detailed planning for...
Persistent link: https://www.econbiz.de/10011781341
This paper examines the role of lifelong learning in counteracting skill depreciation and obsolescence. We build on findings showing that different skill types have structurally different depreciation rates. We differentiate between occupations with more hard skills versus more soft skills. To...
Persistent link: https://www.econbiz.de/10013448347
This study analyses costs and benefits of a public-private funded individual learning account (ILA) for the labour force in the Netherlands. We consider an ILA that is funded by subsidies targeted at low- and medium-educated workers and co-funded by training levies as a share of the wage bill....
Persistent link: https://www.econbiz.de/10013426629
For various reasons the relationship between age and productivity is a matter of policy concern. I present new … empirical research showing how productivity is affected by age. I study age effects at the individual level by analyzing data on … between age, wage and productivity. In particular I address the potential wage-productivity gap that might occur at higher …
Persistent link: https://www.econbiz.de/10010276111
, wage and productivity in the Belgian private sector. More precisely, we examine how changes in the proportions of young (16 …-29 years), middle-aged (30-49 years) and older (more than 49 years) workers affect the productivity of firms and test for the … presence of productivity-wage gaps. Results (robust to various potential econometric issues, including unobserved firm …
Persistent link: https://www.econbiz.de/10010280663
In this study, we investigate the anatomy of older workers' wages. The central question is whether the wage cushion - i.e., the difference between actual wages and collectively agreed-upon (maximum) contractual wages - contributes to the fact that wages continue increasing at older ages. We...
Persistent link: https://www.econbiz.de/10010408887
In this study, we investigate the anatomy of older workers' wages. The central question is whether the wage cushion — i.e., the difference between actual wages and collectively agreed-upon (maximum) contractual wages — contributes to the fact that wages continue increasing at older ages. We...
Persistent link: https://www.econbiz.de/10013046499
In this study, we investigate the anatomy of older workers' wages. The central question is whether the wage cushion – i.e., the difference between actual wages and collectively agreed-upon (maximum) contractual wages – contributes to the fact that wages continue increasing at older ages. We...
Persistent link: https://www.econbiz.de/10013046645
The incidence of working for earnings beyond the normal pension age of 55 for females and 60 for males in urban China and Russia is investigated using micro-data for 2002, 2013, and 2018. Estimated logit models indicate that, in both countries, the probability of working after normal retirement...
Persistent link: https://www.econbiz.de/10012591794
We first theoretically argue that labor force aging leads to a fall in the relative wage of older workers based on the Tinbergen's labor supply-demand framework. Using data from Japan's Basic Survey on Wage Structure and Population Census across 47 prefectures, we then estimate that a 10%...
Persistent link: https://www.econbiz.de/10013229396