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Experience and Technology Adoption

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Author Info
Weinberg, Bruce A. () (Ohio State University and IZA Bonn)

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Abstract

Vintage human capital models imply that young workers will be the primary adopters and beneficiaries of new technologies. Because technological progress in general, and computers in particular, may be skill-biased and because human capital increases over the lifecycle, technological change may favor experienced workers. This paper estimates the relationship between experience and technology adoption and the effect of technological change on the returns to experience. Estimates indicate that technological change is an important explanation for changes in experience premia. We find a complementarity between existing human capital and computer adoption and provide evidence that young workers are better able to adapt to new technologies. Our estimates also shed light on creative destruction models of the productivity slowdown.

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Publisher Info
Paper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 1051.

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Length: 63 pages
Date of creation: Mar 2004
Date of revision:
Handle: RePEc:iza:izadps:dp1051

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Related research
Keywords: experience; computers; vintage;

Other versions of this item:

Find related papers by JEL classification:
J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
O30 - Economic Development, Technological Change, and Growth - - Technological Change - - - General

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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Full references

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Borghans, Lex & ter Weel, Bas, 2003. "What Happens When Agent T Gets a Computer? The Labor Market Impact of Cost Efficient Computer Adoption," IZA Discussion Papers 792, Institute for the Study of Labor (IZA). [Downloadable!]
    Other versions:
  2. Borghans,Lex & Weel,Bas,ter, 2005. "The Division of Labour, Worker Organisation, and Technological Change," Research Memoranda 005, Maastricht : ROA, Research Centre for Education and the Labour Market. [Downloadable!]
    Other versions:
  3. Ines P. Murillo, 2006. "Returns to Education and Human Capital Depreciation in Spain," ERSA conference papers ersa06p60, European Regional Science Association. [Downloadable!]
  4. BEHAGHEL Luc & GREENAN Nathalie, 2007. "Training and age-biased technical change," Research Unit Working Papers 0705, Laboratoire d'Economie Appliquee, INRA. [Downloadable!]
  5. Pål Schøne, 2009. "New technologies, new work practices and the age structure of the workers," Journal of Population Economics, Springer, vol. 22(3), pages 803-826, July. [Downloadable!] (restricted)
  6. Aubert Patrick & Caroli Eve & Roger Muriel, 2005. "New Technologies, Workplace Organisation and the Age Structure of the Workforce: Firm-Level Evidence," Research Unit Working Papers 0505, Laboratoire d'Economie Appliquee, INRA. [Downloadable!]
    Other versions:
  7. Katrin Schleife, 2004. "Computer Use and the Employment Status of Older Workers - An Analysis Based on Individual Data," Darmstadt Discussion Papers in Economics 145, Institut für Volkswirtschaftslehre (Department of Economics), Technische Universität Darmstadt (Darmstadt University of Technology). [Downloadable!]
  8. Adriaan Van Zon & Roberto Antonietti, 2007. "Education and Training in a Model of Endogenous Growth with Creative Wear-and-Tear," "Marco Fanno" Working Papers 0057, Dipartimento di Scienze Economiche "Marco Fanno". [Downloadable!]
  9. Borghans,Lex & Weel,Bas,ter, 2002. "Do Older Workers Have More Trouble Using a Computer Than Younger Workers?," Research Memoranda 003, Maastricht : ROA, Research Centre for Education and the Labour Market. [Downloadable!]
  10. Meyer, Jenny, 2008. "The Adoption of New Technologies and the Age Structure of the Workforce," ZEW Discussion Papers 08-045, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research. [Downloadable!]
  11. Cindy Zoghi & Sabrina Wulff Pabilonia, 2006. "Which Workers Gain Upon Adopting a Computer?," Working Papers 395, U.S. Bureau of Labor Statistics. [Downloadable!]
  12. Uschi Backes-Gellner & Stephan Veen, 2007. "Aging Workforces and Challenges to Human Resource Management in German Firms," Working Papers 0079, University of Zurich, Institute for Strategy and Business Economics (ISU). [Downloadable!]
  13. Borghans,Lex & Weel,Bas,ter, 2002. "The Diffusion of Computers and the Distribution of Wages," Research Memoranda 039, Maastricht : MERIT, Maastricht Economic Research Institute on Innovation and Technology. [Downloadable!]
    Other versions:
  14. Katharina Frosch, 2009. "Do only new brooms sweep clean? A review on workforce age and innovation," MPIDR Working Papers WP-2009-005, Max Planck Institute for Demographic Research, Rostock, Germany. [Downloadable!]
  15. Federico Biagi & Danilo Cavapozzi & Raffaele Miniaci, 2007. "Technology, Skills and Retirement," "Marco Fanno" Working Papers 0042, Dipartimento di Scienze Economiche "Marco Fanno". [Downloadable!]
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