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Using the job requirements approach and matched employer-employee data to investigate the content of individuals’ human capital

Messung von individuellem Humankapital auf Basis des „Jobanforderungsansatzes“ (job requirements approach) und zusammengespielter Arbeitgeber-Arbeitnehmer-Daten

Ferran Mane () and Daniel Miravet ()
Additional contact information
Daniel Miravet: Universitat Rovira i Virgili

Journal for Labour Market Research, 2016, vol. 49, issue 2, 133-155

Abstract: Abstract The aim of this paper is to measure the returns to human capital. We use a unique data set consisting of matched employer-employee information. Data on individuals’ human capital include a set of 26 tasks that capture the utilization of workers’ skills in a very detailed way. Thus, we can expand the concept of human capital and discuss the type of skills that are more productive in the workplace and, hence, generate a higher payoff for the workers. This paper gives evidence that the returns to generic skills differ depending on the position of the worker in the firm. Only numeracy skills are reward independent of the occupational status of the worker. We also show that generic skills and other measures of human capital have independent effects on wages.

JEL-codes: J24 J31 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (3)

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DOI: 10.1007/s12651-016-0203-3

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