Bolli, Thomas; Zurlinden, Mathias - Schweizerische Nationalbank (SNB) - 2008
-2050 suggest that labour quality growth will slow down with time. We also calculate a quality-adjusted unemployment rate and find …This paper presents results on human capital accumulation for the Swiss economy. We find that the index of labour … quality has grown at a rate of 0.5% per year from 1991 to 2006. The main sources are the growth in average levels of education …