Abstract
The effects of technological change on earnings have been studied widely, showing a bias in favor of skilled workers. Economic models suggest an age bias might also exist: technological change depreciates human capital if it is not paired with trainings, and evidence suggests older workers participate less in training activities. However, still little is known about the extent to which older workers are particularly affected by technological change. In this paper we use more than 10 years of panel information on German employers, including earnings and employment administrative data, and survey information on technological change (including the introduction of new production processes and technologies, innovation of products and reorganization of human resources), to investigate how technological change impact the flows of older workers into and out of employers, the share of older workers in the workforce, and the wage of older workers relative to their younger peers.