2022
DOI: 10.2139/ssrn.4275329
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Different Degrees of Skill Obsolescence Across Hard and Soft Skills and the Role of Lifelong Learning for Labor Market Outcomes

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Cited by 2 publications
(2 citation statements)
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“…In this sense our results are consistent with our skill weights model. This explanation would imply that workers who keep their expert IT skills up to date would not have negative returns to these skills (as shown by Schultheiss & Backes-Gellner, 2021). However, due to data limitations, we cannot directly test this hypothesis in the context of this paper and have to leave it for future research.…”
Section: Different Age Groupsmentioning
confidence: 91%
“…In this sense our results are consistent with our skill weights model. This explanation would imply that workers who keep their expert IT skills up to date would not have negative returns to these skills (as shown by Schultheiss & Backes-Gellner, 2021). However, due to data limitations, we cannot directly test this hypothesis in the context of this paper and have to leave it for future research.…”
Section: Different Age Groupsmentioning
confidence: 91%
“…Although employers want typically to find someone who has technical expertise and qualifications, they should consider attributes such as creativity, communication, interpersonal skills, and problem-solving, as well ( Lyu and Liu 2021 ). Research has shown that hard skills become obsolete more quickly than soft skills ( Dominici 2019 ; Schultheiss and Backes-Gellner 2022 ), so employers should take into account the importance of both types of abilities when hiring. Furthermore, employers should also provide the necessary training and mentorship to ensure that their employees have the correct skillsets for the job ( Succi and Canovi 2020 ).…”
Section: Critical Literature Reviewmentioning
confidence: 99%