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The Economics of Skills Obsolescence: Theoretical Innovations and Empirical Applications Vol: 21

Product Details
19 Sep 2002
Emerald Group Publishing Limited
292 pages - 156 x 234 x 17mm
Research in Labor Economics


Increasingly policy makers are focusing on the importance of skills and lifelong learning. The reason for this is that workers with sufficient and up-to-date skills are more productive and have more potential to remain employed. However, the processes that influence skill obsolescence, have largely been neglected in labor economics. It was in the 1990s that skill issues came to the top of the agenda, because of the general awareness of the rapid technological developments that affect the demand for human capital. Although the analysis of skill-biased technological change is at the heart of this debate, in recent years, the literature has become wider than simple consideration of this aspect and has started to embrace other causes of obsolescence. The papers in this volume are selected from the papers presented at a conference on Understanding Skills Obsolescence. They advance both the theoretical and empirical understanding of the causes and the effects of skills obsolescence.
Preface and Introduction (A. de Grip, J. van Loo and K. Mayhew). The economics of skills obsolescence: a review (A. de Grip, J. van Loo). When do skills become obsolete, and when does it matter? (J. Allen, R. van der Velden). The obsolescence of skill (F. Welch, M. Ureta). Age effect and schooling vintage effect on earnings profiles in Switzerland (J. Ramirez). Technological change and the returns to experience (B. Weinberg). Skill obsolescence: worker-induced and firm-induced factors (P. Allaart et al.). Do older workers have more trouble using a computer than younger workers? (L. Borghans, B. ter Weel). Workforce flexibility in the presence of technological change (R. Fernandez). Macroeconomic equilibrium and the organization of work: a theory of employability (J. Falkinger). Precautionary demand for education, inequality, and technological progress (E. Gould et al.). Economic transformation and the return to human capital - Hungary 1986-99. (G. Kertesi, J. Kollo).

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