The Growth and Valuation of Generic Skills
Abstract
Using a method for measuring job skills derived from survey data on detailed work activities, we show that between 1997 and 2001 there was a growth in Britain in the utilisation of computing skills, literacy, numeracy, technical know-how, high-level communication skills, planning skills, client communication skills, horizontal communication skills, problem-solving and checking skills. Computer skills and high-level communication skills carry positive wage premia, as shown both in cross-section hedonic wage equations and through a within-cohorts change analysis. No part of the gender pay gap can be accounted for by differences in levels of generic skills between men and women.Download Info
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.Bibliographic Info
Paper provided by Royal Economic Society in its series Royal Economic Society Annual Conference 2003 with number 91.
Download reference. The following formats are available: HTML
(with abstract),
plain text
(with abstract),
BibTeX,
RIS (EndNote, RefMan, ProCite),
ReDIF
Length:
Date of creation: 04 Jun 2003
Date of revision:
Handle: RePEc:ecj:ac2003:91
Contact details of provider:
Web page: http://www.res.org.uk/society/annualconf.asp
More information through EDIRC
For corrections or technical questions regarding this item, or to correct its listing, contact: (Christopher F. Baum).
Related research
Keywords: skills; wages; computers;Other versions of this item:
- Andy Dickerson & Francis Green, 2002. "The Growth and Valuation of Generic Skills," Studies in Economics 0203, Department of Economics, University of Kent.
- J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
This paper has been announced in the following NEP Reports:
- NEP-ALL-2003-06-16 (All new papers)
- NEP-LAB-2003-06-16 (Labour Economics)
References
References listed on IDEASPlease report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Sandra E. Black & Lisa M. Lynch, 2000.
"What's Driving the New Economy: The Benefits of Workplace Innovation,"
NBER Working Papers
7479, National Bureau of Economic Research, Inc.
- Sandra E. Black & Lisa M. Lynch, 2004. "What's driving the new economy?: the benefits of workplace innovation," Economic Journal, Royal Economic Society, vol. 114(493), pages F97-F116, 02.
- Sandra E. Black & Lisa M. Lynch, 2003. "What's driving the new economy?: the benefits of workplace innovation," Working Papers in Applied Economic Theory 2003-23, Federal Reserve Bank of San Francisco.
- Sandra E Black & Lisa M Lynch, 2002. "What's Driving the New Economy? The Benefits of Workplace Innovation," Working Papers 02-03, Center for Economic Studies, U.S. Census Bureau.
- Sandra E. Black & Lisa M. Lynch, 2001. "What's driving the new economy? The benefits of workplace innovation," Staff Reports 118, Federal Reserve Bank of New York.
- Ronald Oaxaca, .
"Male-Female Wage Differentials in Urban Labor Markets,"
Working Papers
396, Princeton University, Department of Economics, Industrial Relations Section..
- Oaxaca, Ronald, 1973. "Male-Female Wage Differentials in Urban Labor Markets," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 14(3), pages 693-709, October.
- Entorf, Horst & Gollac, Michel & Kramarz, Francis, 1997.
"New Technologies, Wages and Worker Selection,"
CEPR Discussion Papers
1761, C.E.P.R. Discussion Papers.
- Entorf, Horst & Gollac, Michel & Kramarz, Francis, 1999. "New Technologies, Wages, and Worker Selection," Journal of Labor Economics, University of Chicago Press, vol. 17(3), pages 464-91, July.
- H, Entorf & Michel Gollac & Francis Kramarz, 1997. "New Technologies, Wages and Worker Selection," Working Papers 97-25, Centre de Recherche en Economie et Statistique.
- Entorf, Horst & Gollac, M. & Kramarz, Francis, 1999. "New technologies, wages, and worker selection," Publications of Darmstadt Technical University, Institute of Economics (VWL) 24093, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute of Economics (VWL).
- Liu, Jin-Tan & Tsou, Meng-Wen & Hammitt, James K, 2001. "The Impact of Advanced Technology Adoption on Wage Structures: Evidence from Taiwan Manufacturing Firms," Economica, London School of Economics and Political Science, vol. 68(271), pages 359-78, August.
- Freeman, Richard & Schettkat, Ronald, 2001.
"Skill Compression, Wage Differentials, and Employment: Germany vs the US,"
Oxford Economic Papers,
Oxford University Press, vol. 53(3), pages 582-603, July.
- Richard B. Freeman & Ronald Schettkat, 2000. "Skill Compression, Wage Differentials and Employment: Germany vs. the US," NBER Working Papers 7610, National Bureau of Economic Research, Inc.
- McNabb, Robert, 1989. "Compensating Wage Differentials: Some Evidence for Britain," Oxford Economic Papers, Oxford University Press, vol. 41(2), pages 327-38, April.
- Timothy F. Bresnahan & Erik Brynjolfsson & Lorin M. Hitt, 1999.
"Information Technology, Workplace Organization and the Demand for Skilled Labor: Firm-Level Evidence,"
NBER Working Papers
7136, National Bureau of Economic Research, Inc.
- Timothy F. Bresnahan & Erik Brynjolfsson & Lorin M. Hitt, 2002. "Information Technology, Workplace Organization, And The Demand For Skilled Labor: Firm-Level Evidence," The Quarterly Journal of Economics, MIT Press, vol. 117(1), pages 339-376, February.
- Deaton, Angus, 1985. "Panel data from time series of cross-sections," Journal of Econometrics, Elsevier, vol. 30(1-2), pages 109-126.
- DiNardo, John E & Pischke, Jorn-Steffen, 1997.
"The Returns to Computer Use Revisited: Have Pencils Changed the Wage Structure Too?,"
The Quarterly Journal of Economics,
MIT Press, vol. 112(1), pages 291-303, February.
- Dinardo, J.E. & Pischke, J.S., 1996. "The Returns to Computer Use Revisited: Have Pencils Changed the Wage Structure Too?," Working papers 96-12, Massachusetts Institute of Technology (MIT), Department of Economics.
- John E. DiNardo & Jorn-Steffen Pischke, 1996. "The Returns to Computer Use Revisited: Have Pencils Changed the Wage Structure Too?," NBER Working Papers 5606, National Bureau of Economic Research, Inc.
- Lucas, Robert E B, 1977. "Hedonic Wage Equations and Psychic Wages in the Returns to Schooling," American Economic Review, American Economic Association, vol. 67(4), pages 549-58, September.
- Timothy F. Bresnahan, 1997.
"Computerization and Wage Dispersion: An Analytical Reinterpretation,"
Working Papers
97031, Stanford University, Department of Economics.
- Bresnahan, Timothy F, 1999. "Computerisation and Wage Dispersion: An Analytical Reinterpretation," Economic Journal, Royal Economic Society, vol. 109(456), pages F390-415, June.
- Heckman, James & Scheinkman, Jose, 1987. "The Importance of Bundling in a Gorman-Lancaster Model of Earnings," Review of Economic Studies, Wiley Blackwell, vol. 54(2), pages 243-55, April.
- Murnane, Richard J & Willett, John B & Levy, Frank, 1995.
"The Growing Importance of Cognitive Skills in Wage Determination,"
The Review of Economics and Statistics,
MIT Press, vol. 77(2), pages 251-66, May.
- Richard J. Murnane & John B. Willett & Frank Levy, 1995. "The Growing Importance of Cognitive Skills in Wage Determination," NBER Working Papers 5076, National Bureau of Economic Research, Inc.
- Andrew K. G. Hildreth, 2001. "A New Voice or a Waste of Time? Wage Premiums from Using Computers for Communication in the UK Workplace," British Journal of Industrial Relations, London School of Economics, vol. 39(2), pages 257-284, 06.
- Entorf, Horst & Kramarz, Francis, 1997.
"Does unmeasured ability explain the higher wages of new technology workers?,"
European Economic Review,
Elsevier, vol. 41(8), pages 1489-1509, August.
- Entorf, Horst & Kramarz, Francis, 1997. "Does unmeasured ability explain the higher wages of New Technology Workers?," Publications of Darmstadt Technical University, Institute of Economics (VWL) 24117, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute of Economics (VWL).
- John P. Haisken-DeNew & Christoph M. Schmidt, 1999.
"Money for Nothing and Your Chips for Free? The Anatomy of the PC Wage Dipperential,"
IZA Discussion Papers
86, Institute for the Study of Labor (IZA).
- John P. Haisken-DeNew & Christoph M. Schmidt, 2000. "Money for Nothing and Your Chips for Free? The Anatomy of the PC Wage Differential," Econometric Society World Congress 2000 Contributed Papers 0859, Econometric Society.
- John P. Haisken-DeNew & Christoph M. Schmidt, 1999. "Money for Nothing and Your Chips for Free?: The Anatomy of the PC Wage Differential," Discussion Papers of DIW Berlin 178, DIW Berlin, German Institute for Economic Research.
- Peter Cappelli, 1993. "Are skill requirements rising? Evidence from production and clerical jobs," Industrial and Labor Relations Review, ILR Review, Cornell University, ILR School, vol. 46(3), pages 515-530, April.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Grip, Andries de, 2005. "Skill obsolescence and employability," Open Access publications from Maastricht University urn:nbn:nl:ui:27-16936, Maastricht University.
- Anne E. Green, 2003. "Labour Market Trends, Skill Needs and the Ageing of the Workforce: A Challenge for Employability?," Local Economy, Taylor and Francis Journals, vol. 18(4), pages 306-321, November.
Lists
This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.Statistics
Access and download statisticsCorrections
When requesting a correction, please mention this item's handle: RePEc:ecj:ac2003:91For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Christopher F. Baum).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.

