The Growth and Valuation of Generic Skills
AbstractUsing 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.
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Bibliographic InfoPaper provided by Department of Economics, University of Kent in its series Studies in Economics with number 0203.
Date of creation: May 2002
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- J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
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- NEP-ALL-2002-08-29 (All new papers)
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