Kampelmann, Stephan; Rycx, François; Saks, Yves; … - In: IZA Journal of Labor Economics 7 (2018) 1, pp. 1-37
We estimate the impact of education on productivity, wage costs and productivity-wage gaps (i.e. profits) using Belgian linked panel data. Findings highlight that educational credentials have a stronger impact on productivity than on wage costs. Firms’ profitability is found to rise when lower...