English, Article, Journal or magazine article edition: Skill Composition: Exploring a Wage-based Skill Measure Øivind A. Nilsen; Arvid Raknerud; Marina Rybalka and Terje Skjerpen

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Bookmark: http://trove.nla.gov.au/version/53622
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Skill Composition: Exploring a Wage-based Skill Measure
Author
  • Øivind A. Nilsen
  • Arvid Raknerud
  • Marina Rybalka and Terje Skjerpen
Physical Description
  • preprint
Notes
  • Most studies of heterogeneous labor inputs use classifications of high skilled and low skilled based on workers' educational attainment. In this study we explore a wage-based skill measure using information from a wage equation. Evidence from matched employer--employee data show that skill is attributable to many variables other than educational length, for instance experience and type of education. Applying our wage-based skill measure to a TFP growth analysis, we find that the TFP residual decreases, indicating that more of the change in value-added is picked up by our skill measure than when using a purely education-based measure of skill
  • Skill composition; wages; TFP
  • RePEc:ssb:dispap:531
Language
  • English
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