GROWTH IN EURO AREA LABOR QUALITY
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...
|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|
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.
|Online Access:||available in Bonn?|
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