Returns to Skills or Returns to Tasks? A Comment on Hanushek et al. (2015)

Monika Köppl-turyna () and Michael Christl
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Monika Köppl-turyna: Agenda Austria
Authors registered in the RePEc Author Service: Monika Irena Köppl-Turyna

Economics Bulletin, 2018, vol. 38, issue 2, 783-790

Abstract: We comment on the work of Hanushek et al. (2015) and show that returns to skills are very heterogeneous and depend crucially on the tasks performed in the workplace, in line with the critique by Acemoglu and Autor (2011). Depending on the types of tasks performed at work as well as on occupations, returns to cognitive skills can vary between null and numbers much higher than those reported by Hanushek et al. (2015). We show that both tasks and skills are important factors for determining returns on the labor market.

Keywords: Cognitive skills; Human capital; Labor market; Earnings; Rate of return (search for similar items in EconPapers)
JEL-codes: I2 J3 (search for similar items in EconPapers)
Date: 2018-04-15
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Related works:
Working Paper: Returns to Skills or Returns to Tasks? A Comment on Hanushek et al. (2015) (2017)
Working Paper: Returns to Skills or Returns to Tasks? A Comment on Hanushek et al. (2015) (2017)
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