New Skills Are the High Road to Higher Salaries

Jerome Adda New Skills Are the High Road to Higher Salaries

A new study by Jeroma Adda (Department of Economics) finds that the acquisition of skills is the main contributor to higher salaries for workers, with the magnitude of the effect differing according to the type of skill and the career stage of the worker. Although workers can acquire skills on the job, those who undergo training before entering the job market generally obtain greater wages and are in unemployment less often.

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