Coping with Change: International Differences in the Returns to Skills

Eric Hanushek, Guido Schwerdt, Simon Wiederhold () and Ludger Woessmann

No 22657, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: Expanded international data from the PIAAC survey of adult skills allow us to analyze potential sources of the cross-country variation of comparably estimated labor-market returns to skills in a more diverse set of 32 countries. Returns to skills are systematically larger in countries that have grown faster in the recent past, consistent with models where skills are particularly important for adaptation to dynamic economic change.

JEL-codes: I20 J31 O15 (search for similar items in EconPapers)
Date: 2016-09
New Economics Papers: this item is included in nep-ltv
Note: CH DEV ED EFG LS PE
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Citations: View citations in EconPapers (5)

Published as Hanushek, Eric A. & Schwerdt, Guido & Wiederhold, Simon & Woessmann, Ludger, 2017. "Coping with change: International differences in the returns to skills," Economics Letters, Elsevier, vol. 153(C), pages 15-19.

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Related works:
Journal Article: Coping with change: International differences in the returns to skills (2017)
Working Paper: Coping with Change: International Differences in the Returns to Skills (2017)
Working Paper: Coping with change: International differences in the returns to skills (2017)
Working Paper: Coping with Change: International Differences in the Returns to Skills (2016)
Working Paper: Coping with Change: International Differences in the Returns to Skills (2016)
Working Paper: Coping with Change: International Differences in the Returns to Skills (2016)
Working Paper: Coping with change: International differences in returns to skills (2016)
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