Janßen, Simon; Backes-Gellner, Uschi - In: Applied Economics Quarterly (formerly: Konjunkturpolitik) 55 (2009) 1, pp. 83-103
Human capital is no doubt one of the most important factors for future economic growth and well-being. However, human capital is also prone to becoming obsolete over time. Skills that have been acquired at one point in time may perfectly match the skill requirements at that time but may become...
