Occupational transitions: The cost of moving to a "safe haven"
This study proposes experimental estimates of the monetary cost of the training needed to move workers across occupations. Occupations of destination are held "acceptable" if they are close, in terms of skills requirements, and entail small wage cuts and skills excesses (if any) relative t...
Gespeichert in:
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| Weitere Verfasser: | , , |
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2019
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| Schriftenreihe: | OECD Science, Technology and Industry Policy Papers
no.61 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | This study proposes experimental estimates of the monetary cost of the training needed to move workers across occupations. Occupations of destination are held "acceptable" if they are close, in terms of skills requirements, and entail small wage cuts and skills excesses (if any) relative to the occupation of origin. The total estimated cost encompasses the direct cost of undertaking the training, and workers' opportunity cost, in terms of foregone wages. The minimum cost of moving workers in occupations at high risk of automation (ROA) to occupations where they are not at such risk (so called "safe haven") is estimated to range between 1-5% of one year GDP, on average across the countries considered. At the worker level, occupational transitions' costs increase with the cognitive skills and the average age of the workers in the occupation of origin, and with the proportion of workers at high ROA in manufacturing. |
| Beschreibung: | 1 Online-Ressource (80 p.) |
| DOI: | 10.1787/6d3f9bff-en |
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| spelling | Andrieu, Elodie VerfasserIn aut Occupational transitions The cost of moving to a "safe haven" Elodie, Andrieu ... [et al] Paris OECD Publishing 2019 1 Online-Ressource (80 p.) Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Science, Technology and Industry Policy Papers no.61 This study proposes experimental estimates of the monetary cost of the training needed to move workers across occupations. Occupations of destination are held "acceptable" if they are close, in terms of skills requirements, and entail small wage cuts and skills excesses (if any) relative to the occupation of origin. The total estimated cost encompasses the direct cost of undertaking the training, and workers' opportunity cost, in terms of foregone wages. The minimum cost of moving workers in occupations at high risk of automation (ROA) to occupations where they are not at such risk (so called "safe haven") is estimated to range between 1-5% of one year GDP, on average across the countries considered. At the worker level, occupational transitions' costs increase with the cognitive skills and the average age of the workers in the occupation of origin, and with the proportion of workers at high ROA in manufacturing. Science and Technology Jamet, Stéphanie MitwirkendeR ctb Marcolin, Luca MitwirkendeR ctb Squicciarini, Mariagrazia MitwirkendeR ctb FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/6d3f9bff-en Volltext |
| spellingShingle | Andrieu, Elodie Occupational transitions The cost of moving to a "safe haven" Science and Technology |
| title | Occupational transitions The cost of moving to a "safe haven" |
| title_auth | Occupational transitions The cost of moving to a "safe haven" |
| title_exact_search | Occupational transitions The cost of moving to a "safe haven" |
| title_full | Occupational transitions The cost of moving to a "safe haven" Elodie, Andrieu ... [et al] |
| title_fullStr | Occupational transitions The cost of moving to a "safe haven" Elodie, Andrieu ... [et al] |
| title_full_unstemmed | Occupational transitions The cost of moving to a "safe haven" Elodie, Andrieu ... [et al] |
| title_short | Occupational transitions |
| title_sort | occupational transitions the cost of moving to a safe haven |
| title_sub | The cost of moving to a "safe haven" |
| topic | Science and Technology |
| topic_facet | Science and Technology |
| url | https://doi.org/10.1787/6d3f9bff-en |
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