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Publication Detail
DLSU-AKI Working Paper Series 2021-08-071: From Tasks to Riches: A Task-based Approach to the Determinants of Wages

An empirical investigation of the effects of occupational skills, human capital, and other worker characteristics on labor market outcomes is examined in this study. Using the PSA Labor Force Survey and Philippine Standard Occupational Classification (PSOC), the group offers a task-based measure as a proxy for occupational skills. Such problems in measuring skills arise when skill endowments of workers are underivable in a survey dataset. With this, the analysis includes comparing and contrasting models with task-based measures of occupational skills and Mincerian wage models with occupational dummies. Regression analysis found consistent statistically significant positive returns on a change in computational, ICT, and cognitive-interactive skills across occupations by 12%, 1.5%, and 3%, respectively.

DLSU - Angelo King Institute for Economic and Business Studies
Authors Keywords
Baradas, Samantha ; Co, Aileen ; Daguman, Brian , Delos Santos, Martha; wage differentials; labor productivity; human capital skills; occupational choice; wage level and structure;
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Published in 2021 and available in the De La Salle University - Angelo King Institute for Economic and Business Studies (Room 223, St. La Salle Hall, 2401 Taft Avenue, Manila 0922 or Downloaded 2 times since August 26, 2021
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