Professor of Economics, University of Munich
Director, ifo Center for the Economics of Education
https://sites.google.com/view/woessmann-e
Ludger Wößmann is a German economist and professor of economics at the Ludwig Maximilian University of Munich (LMU). Moreover, being one of the world's foremost education economists, he is the director of the ifo Center for the Economics of Education at the ifo Institute. Beyond the economics of education, his research interests also include economic growth and economic history. In 2014, Wößmann's empirical research on the effects of education and his corresponding contribution to public debate were awarded the Gossen Prize, followed by the Gustav Stolper Prize in 2017. .. more
➡️ New Working Paper:
Out-of-School Learning: Subtitling vs. Dubbing and the Acquisition of Foreign-Language Skills
w/ F. Baumeister & E. Hanushek
www.nber.org/papers/w33984
A 🧵 1/12
Overall, findings highlight scope for policy to promote adjustment mechanisms conducive to aggregate productivity
9/9
➡️ Structural change induces both productivity-enhancing & -reducing responses
➡️ Challenges simple narratives of labor market adaptation
8/9
⬆️ training 🧠 in indirectly affected services 🏢 but
⬆️ early retirement 👴 in directly affected manufacturing 🏭
Response to import 🌏 competition:
⬇️ training 🧠
⬆️ early retirement 👴 in manufacturing 🏭
Opposite response to export expansion 🔁
7/9
5️⃣ Same for import 🌏 exposure
6️⃣ Opposite for export exposure 🔁
6/9
1️⃣ Robot 🤖 exposure increases training 🧠—particularly in indirectly affected services 🧑💼
2️⃣ Import 🌏 exposure reduces training—particularly in manufacturing 🏭
3️⃣ Opposite for export exposure 🔁
5/9
Shift-share measures of local exposure to
➡️ Trade integration with China & Eastern Europe 🗺️
➡️ Industrial robot adoption 🤖
Identification
➡️ Instrument local exposure using industry-specific changes in other high-income countries 🌐
4/9
1️⃣ Training participation from Microcensus 📊
2️⃣ Early retirement from IAB employment records 🗂️
3/9
We study 2 mechanisms that received little attention:
1️⃣ Training: upgrade skills 🧠💻
2️⃣ Early retirement: shift adjustment costs to public pension systems 🧾🏖️
Opposite implications for aggregate productivity 🔁
2/9
Reposted by Simon Wiederhold
Training or Retiring? How Labor Markets Adjust to Trade and Technology Shocks📒
w/ A.Bertermann, @dauthecon.bsky.social & @suedekum.bsky.social
🤖 Robots ➡️ ⬆️training & ⬆️early retirement
🌏 Imports ➡️ ⬇️training & ⬆️early r.
🌎 Exports ➡️ ⬆️training & ⬇️e.r.
www.ifo.de/DocDL/cesifo...
🧵1/9
Reposted by Ludger Woessmann, Samuel Bentolila
doi.org/10.3368/jhr....
Reposted by Ludger Woessmann
@benjaminarold.bsky.social, @woessmann.bsky.social, Zierow research on how schooling affects religiosity is super important and interesting. Here's the link to the journal article: jhr.uwpress.org/content/earl...
6/n
Reposted by Simon Wiederhold
Extrem wichtige Zahlen. Sie sind ein Desaster.
Die Bildungsministerkonferenz dazu: „Licht und Schatten im IQB-Bildungstrend 2024“😯🤷
3/3
Rückgang in allen Bundesländern. (Lediglich Hamburg (in allen Fächern) nicht signifikant.) Z.B. Mathe:
NRW -34⬇️
Bayern -23⬇️
2/3
Mathe -24⬇️
Bio -24⬇️
Chemie -24⬇️
Physik -23⬇️
Die neuen Ergebnisse des IQB-Bildungstrends.
Ganz grob gesprochen: 9.-Klässler:innen liegen heute etwa auf Niveau der 8.-Klässler:innen noch vor 6 Jahren.
1/3
Mein Interview zu meinem Vortrag bei der Österreichischen Akademie der Wissenschaften @oeaw.bsky.social (ÖAW-/Statistik Austria-Lecture)
www.oeaw.ac.at/news/wie-hae...
Reposted by Simon Wiederhold
🎙️ Mein Interview in der Welt darüber, was die aktuellen Transformationsprozesse für die Bildung bedeuten.
www.welt.de/politik/deut...