Composition of the euro area workforce evolves over time and in response to changing labor market conditions. We construct an estimate of growth in euro area labor quality over the period 1983–2005 and show that labor quality has grown on average by 0.47 percent year‐on‐year. Labor quality growth wa...

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Bibliographic details
Volume: 53
Main Author: Schwerdt, Guido
Turunen, Jarkko
Format: Journal Article
Language: English
Zielgruppe: Academic
Place of publication: Oxford, UK Blackwell Publishing Ltd 01.12.2007
Wiley Subscription Services, Inc
published in: The Review of income and wealth Vol. 53; no. 4; pp. 716 - 734
Data of publication: December 2007
ISSN: 0034-6586
EISSN: 1475-4991
Discipline: Economics
Bibliography: The views in this paper reflect those of the authors and not those of the European Central Bank. We would like to thank the editor and anonymous referees, Neale Kennedy, Gerard Korteweg, Hans‐Joachim Klöckers, seminar participants at the ECB, the EABCN/CEPR conference on “Productivity and the Business Cycle” (Helsinki), the 2006 Annual Conference of the International Association for Research in Income and Wealth (Joensuu) and the OECD Productivity Workshop (Bern) for useful discussions and comments. Parts of this paper were prepared while Guido Schwerdt was at the ECB and the hospitality of the ECB is gratefully acknowledged.
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Database: CrossRef
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