Much research has been made in recent years on the effect of over and under education on earnings. In this paper, I examine the validity of the assumption that the return to over (under) education is independent of the level of education. I use data from the PIAAC survey to estimate the return to education. The findings show that while this…

This paper revisits the relationship between human capital and income inequality, using an updated data set on human capital inequality and a novel database on earnings inequality. We find an inverted U-shaped relationship between these two inequality indicators, but with significant differences across countries regarding the turning point.…

Understanding the gender dynamics in educational transitions can help target policies to support equitable access to education as well as its quality and labour-market outcomes. In almost all OECD countries, the gender gap in favour of women is wider in tertiary education than at upper secondary level. Differences in programme orientation and…

In the last decades, developed economies have witnessed significant declines in wages for low-skill workers, increases in employment in high-skill occupations, rapid diffusion of new technology, and expanding offshoring opportunities. Labor markets in developed countries have reallocated labor from manual to cognitive jobs and from routine to…

Adults tend to lose their information-processing skills as they age, especially if they do not use them. While older adults may compensate for this loss by developing other valuable skills, the importance of being proficient in information-processing skills in determining wages and employment does not diminish as workers age. Probably the most…

Mixed findings characterize the literature on skills and economic distributions within and across countries. The Programme for the International Assessment of Adult Competencies (PIAAC) offers new, internationally comparable data on literacy, numeracy, and digital problem-solving skills that can be combined with wage information. This paper…

To commemorate International Women's Day on March 8, 2015, GMAC prepared this Data-to-Go brief as a summary of current GMAT test taker and research data about women in the business school pipeline. Findings in this Data-to-Go report are derived from several sources of GMAT test taker data and GMAC surveys conducted in 2014 and 2015. In testing…