Technological Change and Returns to Training

Roman Klauser () and Marcus Tamm
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Roman Klauser: RWI

No 16659, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: Do returns to training differ if training is accompanied by technological innovations at the workplace? We analyze this potential heterogeneity of returns based on panel data from Germany that provide a unique measure for individuals' adoption of new technology at the workplace. In the preferred analysis we run fixed effects estimations. As a robustness test we also allow for individual time trends. The findings indicate positive wage effects and more job stability for training participants in general but no effects on wages and job mobility for new technology adoption. Furthermore, the combined occurrence of new technology adoption and of training participation does not make individuals better off in terms of wages or job stability compared with individuals experiencing neither training nor new technology adoption.

Keywords: returns to education; training; technology (search for similar items in EconPapers)
JEL-codes: I26 J24 J62 M53 O33 (search for similar items in EconPapers)
Pages: 30 pages
Date: 2023-12
New Economics Papers: this item is included in nep-edu, nep-eur, nep-hrm, nep-lma and nep-tid
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Working Paper: Technological change and returns to training (2023)
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