TY - RPRT AU - Hanushek, Eric A. AU - Schwerdt, Guido AU - Wiederhold, Simon AU - Woessmann, Ludger TI - Coping with Change: International Differences in the Returns to Skills PY - 2016/Sep/ PB - Institute of Labor Economics (IZA) CY - Bonn T2 - IZA Discussion Paper IS - 10249 UR - https://www.iza.org/publications/dp10249 AB - Expanded international data from the PIAAC survey of adult skills allow us to analyze potential sources of the cross-country variation of comparably estimated labor-market returns to skills in a more diverse set of 32 countries. Returns to skills are systematically larger in countries that have grown faster in the recent past, consistent with models where skills are particularly important for adaptation to dynamic economic change. KW - economic growth KW - returns to education KW - cognitive skills KW - international comparisons ER -