Abstract
This paper addresses the empirical relationship between job tasks and wages for a harmonised sample of 19 developed countries. We do so by using worker-level PIAAC data to account for task heterogeneity within occupations. Our contribution is threefold: First, we compute abstract, routine and manual task measures that are found to be well-validated visa-vis previous research. Second, we estimate task prices, and find that a one-standard-deviation increase in abstract tasks is related to a 3.3-log-point wage premium, whereas there is a 2.6 to 2.9-log-point wage penalty for each standard deviation of routine (manual) tasks. Development factors and labour market institutions, particularly union coverage and strictness of employment protection legislation, seem to play a role in the differences in all three task prices.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
