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We study how new digital technology reshapes vocational training and skill acquisition and its impact on workers’ careers. We construct a novel database of legally binding training curricula and changes therein, spanning the near universe of vocational training in Germany over five decades,...
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This paper investigates the consequences of population aging and of changes in the education composition of the population for macroeconomic performance. Estimation results from a theoretically founded empirical framework show that aging as well as the education composition of the population...
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Academic education is generally rewarded by employers, but what happens to graduates if they are trained for two years less and have to compete with vocationally trained labor market entrants in a similar field of study? Focusing on Germany, we analyze labor market entries of individuals...
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We study how beliefs about the automatability of workers' occupation affect labor-market expectations and willingness … automation risk of their occupation, especially those in high-automatability occupations. Randomized information about their … among respondents in highly automatable occupation (+five percentage points). This uptick substantially narrows the gap in …
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