Schwerdt, Guido; Turunen, Jarkko - European Central Bank - 2006
construct an estimate of growth in euro area labour quality over the period 1983-2004 and show that labour quality has grown on … average by 0.6% year-on-year over this time period. Labour quality growth was significantly higher in the early 1990s than in … prime age. Growth in labour quality moderated again towards the end of the 1990’s, possibly reflecting the impact of robust …