Koeppl-turyna, Monika , CHRISTL, MICHAEL
Si
Econ. Bull.
Article
Científica
0.193
01/01/2018
000430447500013
2-s2.0-85045762058
We comment on the work of Hanushek et al. (2015) and show that returns to skills are very heterogeneous and depend crucially on the tasks performed in the workplace, in line with the critique by Acemoglu and Autor (2011). Depending on the types of tasks performed at work as well as on occupations, returns to cognitive skills can vary between null and numbers much higher than those reported by Hanushek et al. (2015). We show that both tasks and skills are important factors for determining returns on the labor market.