Coping with Change: International Differences in the Returns to Skills

By Eric A. Hanushek, Guido Schwerdt, Simon Wiederhold, Ludger Woessmann. Social Science Research Network, 2017

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International data from the PIAAC survey allow estimation of comparable labor-market returns to skills for 32 countries. Returns to skills are larger in faster growing economies, consistent with the hypothesis that skills are particularly important for adaptation to economic change.

Subfields: Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/fbfc262e27f93ba7a0c74a62ae8bc5a6edfbef85