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Skills for Bills : Understanding the Returns to Skills for Low Wage Workers
23 May 2013
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Skills for Bills: Understanding the Returns to Skills for Low Wage Workers
This study examines the returns to various skills for low-wage Singaporean workers.
Our findings suggest that workers in jobs which require high analytical, creative and service skills enjoyed a wage premium. The wage premium on gross motor skills depended on the gender of the worker, with males receiving higher wages.
We also find that the wage premiums for analytical, creative, service and gross motor skills tended to diminish with age. By contrast, the premium for management skills increased with age.
The views expressed in this paper are solely those of the authors and do not necessarily reflect those of the Ministry of Trade and Industry or the Government of Singapore.