Data and Code for: Changing Tracks: Human Capital Investment after Loss of Ability

We provide the first evidence on how workers invest in human capital after losingability. Using quasi-random work accidents in Danish administrative data, we findthat workers enroll in bachelor’s programs after physical injuries, pursuing degreesthat build on their past training and experience. Exploiting institutional differencesin the stackability of degrees, we find that higher education moves injuredworkers from disability benefits to full-time employment, earning 25% more thanbefore injury. Reskilling subsidies for injured workers pay for themselves four timesover, and current rates of reskilling are substantially below the social optimum,especially for middle-aged workers.