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Hanushek, Eric A.; Schwerdt, Guido; Wiederhold, Simon; Wößmann, Ludger (2017): Coping with change: International differences in the returns to skills. In: Economics Letters, Vol. 153: pp. 15-19
Full text not available from 'Open Access LMU'.

Abstract

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.