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?:abstract
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The purpose of this study is to better understand the relationship between majors and earnings, by examining within-major heterogeneity in earnings attributable to the role of general cognitive skills and how cognitive skills interact with knowledge obtained from different majors to affect earnings. Among graduates of the same major, it is possible for earnings to vary according to differences in general cognitive skills. Our findings indicate that considering cognitive skills is useful when estimating the relationships between majors and earnings. That is, within each major, earnings varied by levels of cognitive skills. We understand this finding to support a human capital framing of labor market returns: skills and competencies, rather than credential alone, proved to be important in determining labor market returns. [Source: From the from introduction and conclusion, p. 1; 25]
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?:author
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http://piaacgateway.com/researchpapers. (PIAAC)
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PIAAC-Bibliography
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?:name
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The importance of skills and majors in determining future earnings
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36, 2018
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Bibsonomy
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PIAAC - Programme for the International Assessment of Adult Competencies
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?:tags
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2018
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FDZ_PIAAC
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PIAAC
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PIAAC_input2018
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PIAAC_pro
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english
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jak
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techreport
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February 15, 2019
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