Added Title
DLSU-AKI Working Paper Series 2021-08-071
College
School of Economics
Department/Unit
Economics
Document Type
Working Paper
Publication Date
8-2021
Abstract
An empirical investigation of the effects of occupational skills, human capital, and other worker characteristics on labor market outcomes is examined in this study. Using the PSA Labor Force Survey and Philippine Standard Occupational Classification (PSOC), the group offers a task-based measure as a proxy for occupational skills. Such problems in measuring skills arise when skill endowments of workers are underivable in a survey dataset. With this, the analysis includes comparing and contrasting models with task-based measures of occupational skills and Mincerian wage models with occupational dummies. Regression analysis found consistent statistically significant positive returns on a change in computational, ICT, and cognitive-interactive skills across occupations by 12%, 1.5%, and 3%, respectively
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Recommended Citation
Baradas, S., Co, A., Daguman, B., & Delos Santos, M. (2021). From Tasks to Riches: A Task-based Approach to the Determinants of Wages. Retrieved from https://animorepository.dlsu.edu.ph/res_aki/10
Disciplines
Labor Economics | Work, Economy and Organizations
Keywords
Task-based measures; labor force; human capital; PSA
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