The Value of Basic Skills in the British Labour Market. CEE DP 77

Autor/inn/en	Marcenaro-Gutierrez, Oscar; Vignoles, Anna; De Coulon, Augustin
Institution	London School of Economics & Political Science, Centre for the Economics of Education
Titel	The Value of Basic Skills in the British Labour Market. CEE DP 77
Quelle	(2007), (44 Seiten) PDF als Volltext kostenfreie Datei Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Monographie
ISSN	2045-6557
ISBN	0-7530-2088-2
Schlagwörter	Cohort Analysis; Numeracy; Labor Market; Basic Skills; Child Development; Foreign Countries; Employment Level; Reading Skills; Mathematics Skills; Outcomes of Education; Cognitive Ability; Gender Differences; Economic Factors; Elementary Education; Secondary Education; Wages; Family Characteristics; Educational Attainment; Parent Attitudes; Achievement Tests; Scores; Socioeconomic Status; Adults; United Kingdom; International Adult Literacy Survey + Suchen Sie Ihr Suchwort? Kohortenanalyse; Rechenkompetenz; Labour market; Arbeitsmarkt; Basic skill; Grundfertigkeit; Kindesentwicklung; Ausland; Beschäftigungsgrad; Reading skill; Lesefertigkeit; Mathmatics achievement; Mathematics ability; Mathematische Kompetenz; Lernleistung; Schulerfolg; Denkfähigkeit; Geschlechterkonflikt; Ökonomischer Faktor; Elementarunterricht; Sekundarbereich; Wage; Löhne; Bildungsabschluss; Bildungsgut; Elternverhalten; Achievement test; Achievement; Testing; Test; Tests; Leistungsbeurteilung; Leistungsüberprüfung; Leistung; Testdurchführung; Testen; Socio-economic status; Sozioökonomischer Status; Großbritannien
Abstract	In this paper we evaluate the labour market value of basic skills in the UK, focusing on the wage and employment returns to having better literacy and numeracy skills. We draw on literacy and numeracy assessments undertaken by all cohort members of the UK 1970 British Cohort Study. The data used are very rich and allow us to account for potential ability bias, including as they do early childhood assessments of ability. We find that the literacy and numeracy effects on earnings are over and above any general effect on earnings from a person being more cognitively able. We also assess whether the value of basic skills, in terms of wage returns, has increased over time, using a cross cohort analysis based on the 1958 National Child Development Study cohort and the 1970 British Cohort Study. Our results show that literacy and numeracy skills retained their high value in the labour market over the period 1995-2004, despite numerous policy attempts to increase the supply of basic skills during this period. Appended are: (1) UK Classifications of levels of literacy and numeracy; (2) British Cohort Study 1970--2004 sweep at age 34; (3) Means and Standard errors of the preferred BCS sample (N=3131); and (4) Full specification for Table 2 (main text): The relationship between age 34 basic skills and earnings: men and women. (Contains 12 tables and 31 footnotes.) (As Provided).
Anmerkungen	Centre for the Economics of Education. London School of Economics and Political Science, Houghton Street, London, WC2A 2AE, UK. Tel: +44-20-7955-7673; Fax: +44-20-7955-7595; e-mail: cee@lse.ac.uk; Web site: http://cee.lse.ac.uk
Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2017/4/10