Human capital at work: Five facts about the role of skills for firm productivity, growth, and wage inequality

Organisation for Economic Co-operation and Development2026-04-11 收录

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Firms vary in their production processes, leading to different occupational skill requirements, and they employ workers with varying skill levels. The sorting of workers with heterogeneous skills into firms differing in productivity, size and age matters for both economic efficiency and distributional outcomes. This paper applies a unified...