6533b870fe1ef96bd12cfa5c
RESEARCH PRODUCT
A Cross-Country Study of Workers' Skills and Unemployment Flows
Damir Stijepicsubject
Reverse causalityActuarial scienceCross countrymedia_common.quotation_subjecteducationInternational comparisonsAdult populationSample (statistics)Human capitalparasitic diseasesUnemploymentEconomicsDemographic economicsCognitive skillmedia_commondescription
Using an international survey that directly assesses the cognitive skills of the adult population, I study the relation between skills and unemployment flows across 37 countries. Depending on the specifically assessed domain, I document that skills have an unconditional correlation with the log-risk-ratio of exiting to entering unemployment of 0.65–0.68 across the advanced and skill-abundant countries in the sample. The relation is remarkably robust and it is unlikely to be due to reverse causality. I do not find evidence that this positive relation extends to the seven relatively less advanced and less skill-abundant countries in the sample: Peru, Ecuador, Indonesia, Mexico, Chile, Turkey and Kazakhstan.
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2017-01-01 | SSRN Electronic Journal |