Lovász, Anna; Rigó, Mariann - 2012
model of skill obsolescence, we assess the long-term adjustment process following a sudden change in skills needed in … production that severely worsened older workers’ labor market situation. The model implies that (a) the devaluation of skills …-employee dataset from Hungary covering from before (1986) to 20 years after (2008) the economic transition. The results suggest that …