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Cross-country disparities in skill premium and skill acquisition

dc.contributor.authorBanerjee, A
dc.contributor.authorBasu, P
dc.contributor.authorKeller, E
dc.date.accessioned2022-06-27T15:16:01Z
dc.date.issued2022-06-29
dc.date.updated2022-06-27T14:39:30Z
dc.description.abstractSkilled individuals are rewarded more in poor than in rich countries. Why aren’t more individuals acquiring skills in poor countries? We document that the unemployment rate of the skilled net of that of the unskilled decreases with a country’s level of development. Using a matching model of occupational choice and skill acquisition, we quantify the role of barriers to enter entrepreneurship for these unemployment rates, skill premium and acquisition. The cross-country correlation between skill premium and acquisition decreases by 45% when each country’s gap to the US in the entrepreneurship barrier is decreased enough to even the unemployment differential.en_GB
dc.identifier.citationPublished online 29 June 2022en_GB
dc.identifier.doi10.1111/ecin.13107
dc.identifier.urihttp://hdl.handle.net/10871/130077
dc.identifierORCID: 0000-0001-7443-183X (Keller, Elisa)
dc.language.isoenen_GB
dc.publisherWileyen_GB
dc.rights© 2022 The Authors. Economic Inquiry published by Wiley Periodicals LLC on behalf of Western Economic Association International. This is an open access article under the terms of the Creative Commons Attribution‐NonCommercial License, which permits use, distribution and reproduction in any medium, provided the original work is properly cited and is not used for commercial purposes.
dc.subjectSkill acquisitionen_GB
dc.subjectUnemploymenten_GB
dc.subjectEntrepreneurship barrieren_GB
dc.titleCross-country disparities in skill premium and skill acquisitionen_GB
dc.typeArticleen_GB
dc.date.available2022-06-27T15:16:01Z
dc.identifier.issn1465-7295
dc.descriptionThis is the final version. Available on open access from Wiley via the DOI in this recorden_GB
dc.identifier.journalEconomic Inquiryen_GB
dc.rights.urihttps://creativecommons.org/licenses/by-nc/4.0/en_GB
dcterms.dateAccepted2022-06-06
rioxxterms.versionVoRen_GB
rioxxterms.licenseref.startdate2022-06-06
rioxxterms.typeJournal Article/Reviewen_GB
refterms.dateFCD2022-06-27T14:39:32Z
refterms.versionFCDAM
refterms.dateFOA2022-07-07T13:41:16Z
refterms.panelCen_GB


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© 2022 The Authors. Economic Inquiry published by Wiley Periodicals LLC on behalf of Western Economic Association International. This is an open access article under the terms of the Creative Commons Attribution‐NonCommercial License, which permits use, distribution and reproduction in any medium, provided the original work is properly cited and is not used for commercial purposes.
Except where otherwise noted, this item's licence is described as © 2022 The Authors. Economic Inquiry published by Wiley Periodicals LLC on behalf of Western Economic Association International. This is an open access article under the terms of the Creative Commons Attribution‐NonCommercial License, which permits use, distribution and reproduction in any medium, provided the original work is properly cited and is not used for commercial purposes.