Returns to cognitive skills: new evidence from 14 nations
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F25751417%3A_____%2F19%3AN0000007" target="_blank" >RIV/25751417:_____/19:N0000007 - isvavai.cz</a>
Alternative codes found
RIV/67985998:_____/22:00558887
Result on the web
<a href="https://www.tandfonline.com/doi/abs/10.1080/13511610.2018.1508335?journalCode=ciej20" target="_blank" >https://www.tandfonline.com/doi/abs/10.1080/13511610.2018.1508335?journalCode=ciej20</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1080/13511610.2018.1508335" target="_blank" >10.1080/13511610.2018.1508335</a>
Alternative languages
Result language
angličtina
Original language name
Returns to cognitive skills: new evidence from 14 nations
Original language description
This study examines the role of cognitive skills on labor market outcomes in 14 developed countries. In contrast to standard Mincer-type regressions, we utilize a structural modeling approach that can take into account different types of skills on different economic outcomes. The results, based on data from the OECD PIAAC project, provide strong evidence that the income returns to adult cognitive skills are substantially large across the OECD, net of education, occupational status, gender and family background. However, the size of these effects, particularly in comparison with returns to education, vary greatly across countries. While in all countries examined education is strongly associated with cognitive skills, those skills translate into more prestigious occupations and higher incomes in countries that can be tentatively described as more innovative, as well as have less stratified educational systems. We discuss potential explanations for this, which can serve as a basis for further research.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
<a href="/en/project/GBP402%2F12%2FG130" target="_blank" >GBP402/12/G130: The relationships between skills, schooling and labor market outcomes: A longitudinal study</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)
Others
Publication year
2019
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Innovation: The European Journal of Social Science Research
ISSN
1351-1610
e-ISSN
1469-8412
Volume of the periodical
35
Issue of the periodical within the volume
2
Country of publishing house
GB - UNITED KINGDOM
Number of pages
23
Pages from-to
323-345
UT code for WoS article
000807362200002
EID of the result in the Scopus database
2-s2.0-85051953923