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ICT and the Returns to Schooling and Job-Specific Experience

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  • Kirby, Simon
  • Riley, Rebecca

Abstract

We use the United Kingdom Labour Force Survey to estimate the returns to schooling and job-specific experience in sixteen different industry sectors over the period 1994-2001. Next, assuming skill levels are fixed, we assess the marginal effect on these returns of the capital intensity of production and the ICT intensity of capital. Our results indicate that in the UK, over the period 1994-2001, the rising ICT intensity of capital was associated with a rise in the return to schooling, and a reduction in the return to job-specific experience.

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  • Kirby, Simon & Riley, Rebecca, 2007. "ICT and the Returns to Schooling and Job-Specific Experience," National Institute Economic Review, National Institute of Economic and Social Research, vol. 201, pages 76-85, July.
    • Handle: RePEc:cup:nierev:v:201:y:2007:i::p:76-85_10
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    Cited by:

    1. Rita Asplund & Sami Napari, 2011. "Intangibles and the Gender Wage Gap: An Analysis of Gender Wage Gaps Across Occupations in the Finnish Private Sector," Journal of Labor Research, Springer, vol. 32(4), pages 305-325, December.

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