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Skill Requirements across Firms and Labor Markets: Evidence from Job Postings for Professionals / David Deming, Lisa B. Kahn.
- Format:
- Book
- Author/Creator:
- Deming, David.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w23328.
- NBER working paper series no. w23328
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Other Title:
- Skill Requirements across Firms and Labor Markets
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2017.
- Summary:
- We study variation in skill demands for professionals across firms and labor markets. We categorize a wide range of keywords found in job ads into ten general skills. There is substantial variation in these skill requirements, even within narrowly defined occupations. Focusing particularly on cognitive and social skills, we find positive correlations between each skill and external measures of pay and firm performance. We also find evidence of a cognitive social-skill complementarity for both outcomes. As a whole, the job skills have explanatory power in pay and firm performance regressions, beyond what is available in widely-used labor market data.
- Notes:
- Print version record
- April 2017.
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