Discussion Papers no. 531

Skill composition: exploring a wage-based skill measure

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

Om publikasjonen

Tittel

Skill composition: exploring a wage-based skill measure

Ansvarlig

Øyvind A. Nilsen

Serie og -nummer

Discussion Papers no. 531

Utgiver

Statistics Norway

Emne

Discussion Papers

Antall sider

14

Målform

Engelsk

Om Discussion Papers

Discussion papers comprise research papers intended for international journals and books. A preprint of a Discussion Paper may be longer and more elaborate than a standard journal article as it may include intermediate calculations, background material etc.

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