People People: Social Capital and the Labor-Market Outcomes of Underrepresented Groups / Lex Borghans, Bas ter Weel, Bruce A. Weinberg.

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Borghans, Lex

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Material type: Text

TextSeries: Working Paper Series (National Bureau of Economic Research) ; no. w11985.Publication details: Cambridge, Mass. National Bureau of Economic Research 2006.Description: 1 online resource: illustrations (black and white)Subject(s):

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Abstract: Despite indications that people skills are important for understanding individual labor-market outcomes and have become more important over the last decades, there is little analysis by economists. This paper shows that people skills are important determinants of labor-market outcomes, including occupations and wages. We show that technological and organizational changes have increased the importance of people skills in the workplace. We particularly focus on how the increased importance of people skills has affected the labor-market outcomes of under represented groups. We show that the acceleration rate of increase in the importance of people skills between the late 1970s and early 1990s can help explain why women's wages increased more rapidly while the wages of blacks grew more slowly over these years relative to earlier years.

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Item type	Home library	Collection	Call number	Status	Date due	Barcode	Item holds
Working Paper	Biblioteca Digital	Colección NBER	nber w11985 (Browse shelf(Opens below))	Not For Loan

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January 2006.

Despite indications that people skills are important for understanding individual labor-market outcomes and have become more important over the last decades, there is little analysis by economists. This paper shows that people skills are important determinants of labor-market outcomes, including occupations and wages. We show that technological and organizational changes have increased the importance of people skills in the workplace. We particularly focus on how the increased importance of people skills has affected the labor-market outcomes of under represented groups. We show that the acceleration rate of increase in the importance of people skills between the late 1970s and early 1990s can help explain why women's wages increased more rapidly while the wages of blacks grew more slowly over these years relative to earlier years.