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Marcenaro-Gutierrez, Oscar; Vignoles, Anna; De Coulon, Augustin – Centre for the Economics of Education (NJ1), 2007
In this paper we evaluate the labour market value of basic skills in the UK, focusing on the wage and employment returns to having better literacy and numeracy skills. We draw on literacy and numeracy assessments undertaken by all cohort members of the UK 1970 British Cohort Study. The data used are very rich and allow us to account for potential…
Descriptors: Cohort Analysis, Numeracy, Labor Market, Basic Skills