Dear colleagues,
We hereby invite you to join our next Economics
of Inequality Research Seminar at WU Vienna.
Lorenzo Navarini (University of Vienna)
will present the paper
Changes in Returns to Multidimensional Skills across Cohorts.
Date and Time:
Monday, January 27; 3.00 p.m.
Location: WU Vienna, INEQ Institute,
D3 - D3.0.259.
Abstract
While social skills seem to gain importance in the workplace, other skills may become less relevant. The evolution in skill demand and supply directly affects wage returns to skills
over time. However, estimating returns to skills is challenging: a potential bias comes from unmeasured ability differences, and there is an indirect return through college. This paper estimates direct and indirect returns to skills, controlling for unmeasured
ability differences, using a novel dynamic model with endogenous cognitive, social, and diligence skills. In Germany, across recent cohorts, returns to social skills grew by 6 percentage points across cohorts. Due to routine task displacement and sorting into
routine-intensive occupations, returns to diligence skills for low-cognitive individuals dropped by 10 percentage points.
Please register your participation
here.
Best regards,
Franziska Disslbacher
----
Franziska Disslbacher, PhD
Assistant Professor
Institute for Spatial & Social-Ecological Transformations
&
Research Institute Economics of Inequality
WU, Vienna University of Economics and Business
Welthandelsplatz 1, 1020 Vienna, Austria
CenTax Center for the Analysis of Taxation – University Warwick |
LSE International Inequalities Institute – Research Fellow |
Stone Center on Socio-Economic Inequality CUNY |
SOEP / DIW – Associated Researcher
World Inequality Lab PSE– Research Fellow
+43 1 313 36 6669
franziska.disslbacher@wu.ac.at