International Differences in the Effect of Skills on Job Mobility: A Schumpeterian Perspective
28 Pages Posted: 17 Oct 2019 Last revised: 25 May 2021
Date Written: May 7, 2021
Making use of an international survey that directly assesses the cognitive skills of the adult population, I document systematic differences in the effect of skills on job mobility across the 37 countries in the sample. While economic growth is associated with relatively higher job mobility among skilled workers, the prevalence of information and communication technology (ICT) in the workplace is associated with relatively lower job mobility. The documented patterns are in line with Schumpeterian growth models of creative destruction in which skilled workers transition to jobs with advanced technologies more easily.
Keywords: job mobility, cognitive skills, human capital, economic growth, creative destruction, international comparisons, PIAAC
JEL Classification: J62, J63, J22, J24, O33, O40, I26, E24, D61
Suggested Citation: Suggested Citation