Jakob Roland Munch

@jrmunch.bsky.social

Professor of economics, University of Copenhagen. Co-chair at the Danish Economic Councils (“vismand”). https://sites.google.com/view/jakob-roland-munch

This is an amazing paper. Physical injuries induce workers to pursue higher ed retraining --> they end up earning more than they were pre-injury. Bottom line: Not enough mid-career workers realize they should be re-skilling. (Feels a little like the Leavitt coin flip paper on status quo bias.)

AEA Journals@aeajournals.bsky.social · 2y ago

Forthcoming in the AER: "Changing Tracks: Human Capital Investment after Loss of Ability" by Anders Humlum, Jakob R. Munch, and Pernille Plato. www.aeaweb.org/articles?id=...