Toward an Understanding of the Returns to Cognitive Skill Across Cohorts.

Autor/inn/en	Hellerstein, Judith; Luo, Sai; Urzua, Sergio
Titel	Toward an Understanding of the Returns to Cognitive Skill Across Cohorts. Gefälligkeitsübersetzung: Zum Verständnis der Renditen kognitiver Fähigkeiten über Kohorten hinweg.
Quelle	In: Journal of political economy microeconomics, (2026) online first, Art. 740946 PDF als Volltext Link als defekt meldenVerfügbarkeit
Sprache	englisch
Dokumenttyp	online; Zeitschriftenaufsatz
DOI	10.1086/740946
Schlagwörter	Kompetenz; Kognitive Kompetenz; Frau; Bildungsertrag; Sekundarbereich; Mathematik; Einkommenseffekt; Auswirkung; Entwicklung; Mann; Weißer; USA
Abstract	"Recent research concludes that wage returns to cognitive skills have declined in the U.S. We reassess this finding. Using decomposition methods, we document the pivotal role played by dynamic shifts in the distributions of pre-labor market cognitive skills. Our findings show these shifts explain the declining estimated returns to cognitive skills, especially for white men. We discard measurement error as a potential driver. Although often overlooked, grappling with changing pre-labor market skill distributions is necessary for capturing the evolution of labor market returns to cognitive skills. This may prove especially important in the future given continuing changes in skill development in recent youth cohorts." The study refers to the period 1978-2023 (Author's abstract, IAB-Doku).
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2026/4