Economics at your fingertips  

Human capital formation in the labour market

Juan F Jimeno (), Aitor Lacuesta (), Marta Martínez-Matute () and Ernesto Villanueva ()

Economic Bulletin, 2017, issue DEC

Abstract: The data from the OECD’s Programme for the International Assessment of Adult Competences (PIAAC) allow comparable measures of several aspects of human capital in 13 developed economies to be obtained. Drawing on these data, this article shows that work experience improves the numeracy and literacy skills of low-educated workers, a result that is observed in economies with different labour market institutions, educational systems and workforce compositions. The analyses performed suggest that on-the-job learning contributes considerably to the human capital of less educated individuals, which may help steer the formulation of active employment policies.

Date: 2017
Note: Analytical Articles
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link) ... /beaa1704-art33e.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

More articles in Economic Bulletin from Banco de España Contact information at EDIRC.
Bibliographic data for series maintained by Ángel Rodríguez. Electronic Dissemination of Information Unit. Research Department. Banco de España ().

Page updated 2023-05-23
Handle: RePEc:bde:journl:y:2017:i:12:d:aa:n:33