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Increasingly policy makers are focusing on the importance of skills
and lifelong learning. The reason for this is that workers with
sufficient and up-to-date skills are more productive and have more
potential to remain employed. However, the processes that influence
skill obsolescence, have largely been neglected in labor
economics.
It was in the 1990s that skill issues came to the top of the
agenda, because of the general awareness of the rapid technological
developments that affect the demand for human capital. Although the
analysis of skill-biased technological change is at the heart of
this debate, in recent years, the literature has become wider than
simple consideration of this aspect and has started to embrace
other causes of obsolescence.
The papers in this volume are selected from the papers presented at
a conference on Understanding Skills Obsolescence. They advance
both the theoretical and empirical understanding of the causes and
the effects of skills obsolescence.
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