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Massing, Natascha; Schneider, Silke L. – Large-scale Assessments in Education, 2017
Background: Educational qualifications and literacy skills are highly related. This is not surprising as it is one aim of educational systems to equip individuals with competencies necessary to take part in society. Because of this relationship educational qualifications are often used as a proxy for "human capital". However, from a…
Descriptors: Qualifications, Educational Attainment, Adult Literacy, Human Capital
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Hampf, Franziska; Wiederhold, Simon; Woessmann, Ludger – Large-scale Assessments in Education, 2017
Ample evidence indicates that a person's human capital is important for success on the labor market in terms of both wages and employment prospects. However, unlike the efforts to identify the impact of school attainment on labor-market outcomes, the literature on returns to cognitive skills has not yet provided convincing evidence that the…
Descriptors: Outcomes of Education, Human Capital, Labor Market, Income