Jimeno, Juan F.
[VerfasserIn]
;
Lacuesta, Aitor
[Sonstige Person, Familie und Körperschaft];
Martinez-Matute, Marta
[Sonstige Person, Familie und Körperschaft];
Villanueva, Ernesto
[Sonstige Person, Familie und Körperschaft]
Anmerkungen:
In: Banco de Espana Article 28/17
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments October 31, 2017 erstellt
Beschreibung:
The data from the OECD's Programme for the International Assessment of Adult Competences (PIAAC) allow comparable measures of several aspects of human capital in 13 developed economies to be obtained. Drawing on these data, this article shows that work experience improves the numeracy and literacy skills of low-educated workers, a result that is observed in economies with different labour market institutions, educational systems and workforce compositions. The analyses performed suggest that on-the-job learning contributes considerably to the human capital of less educated individuals, which may help steer the formulation of active employment policies