Using data from the Program for the International Assessment of Adult Competencies, this paper compares the earnings premium and employment share of jobs in Science, Technology, Engineering and Mathematics (STEM) across 11 member countries of the Organisation for Economic Co-operation and Development. The results reveal that the STEM wage premium…

Using data from the Program for the International Assessment of Adult Competencies, this paper compares the earnings premium and employment share of jobs in Science, Technology, Engineering and Mathematics (STEM) across 11 member countries of the Organisation for Economic Co-operation and Development. The results reveal that the STEM wage premium…

Utilizing the Survey of Adult Skills from the Program for the International Assessment of Adult Competencies (PIAAC) and the OECD database, this study investigates the role of gender inequality and public social spending in the gender gap in Not in Employment, Education, or Training (NEET) risk across various age cohorts. The research identifies a…

This paper presents one of the first cross-nationally comparative studies on the economic and social returns to grit (perseverance and passion for long-term goals). Specifically, we investigated whether grit incrementally predicted objective (income) and subjective (job satisfaction) career success over and above cognitive skills and educational…

This article explores cross-country patterns in how conditions relating to family background, education, and the labor market are related to literacy and numeracy skills. It seeks to assess whether these patterns are in agreement with models of skills formation as identified in the political economy literature. The novelty of this article resides…

This report shares data in the following categories as they relate to graduates in Ontario's economy: (1) Rising Ontario employer requirements for skills; (2) Matching skills to employer needs: pathways, entrepreneurship, and innovation; (3) Ontario's college graduate advantage compared to the U.S.; (4) International competitiveness: the quality…

This report shares data in the following categories as they relate to graduates in Ontario's economy: (1) Number of jobs for young adults without post-secondary credentials; (2) Matching credentials to employer needs: an international comparison; (3) Matching credentials to employer needs: industry, entrepreneurship, and innovation; (4) Access to…

Ample evidence indicates that a person's human capital is important for success on the labor market in terms of both wages and employment prospects. However, unlike the efforts to identify the impact of school attainment on labor-market outcomes, the literature on returns to cognitive skills has not yet provided convincing evidence that the…

This paper attempts to explore the connections between expanding female education and the participation of women in paid employment in Japan, China and India, three of Asia's largest economies. Analysis based on existing data and literature shows that despite the large expansion in educational access in these countries in the last half century,…

In the wake of the technological revolution that began in the last decades of the 20th century, labour market demand for information-processing and other high-level cognitive and interpersonal skills is growing substantially. The "Survey of Adult Skills," a product of the OECD Programme for the International Assessment of Adult…

This paper presents a comprehensive analysis of the link between age and proficiency in information-processing skills, based on information drawn from the Survey of Adult Skills (PIAAC). The data reveal significant age-related differences in proficiencies, strongly suggesting that proficiency tends to "naturally" decline with age. Age…

"Education at a Glance: OECD Indicators" is the authoritative source for information on the state of education around the world. It provides data on the structure, finances and performance of education systems in the 35 OECD and a number of partner countries. With more than 100 charts and tables, Education at a Glance 2018 imparts key…

In most advanced countries, young people are now expected to remain in education until the age of 18 and, in a context of poor opportunities for those who leave at an early stage, there are concerns about those who are being left behind. In this paper we use comparable survey data to focus on the destinations of young people in two contrasting…

We examine effects of entering the labor market during a recession on subsequent employment and earnings for Japanese and American men, using comparable household labor force surveys. We find persistent negative effects of the unemployment rate at graduation for less-educated Japanese men, in contrast to temporary effects for less-educated…

Considers the variation in wage differentials by educational attainment level in Japan. Although Japanese wage structure is moving in a comparatively steady manner, the wage differential between college and junior college graduates among male workers has become wider since 1976. This phenomenon is explained mainly by changes in labor supply. (MLH)