Glocker, Daniela; Steiner, Viktor - C.E.P.R. Discussion Papers - 2011
educated. We analyse the returns to education in Austria, Germany, Italy, Sweden and the United Kingdom, countries which differ … accounting for the effects of unemployment on individual wages using EU-SILC data. Across countries we find a high variation of … UK, and the lowest for Sweden. A wage decrease due to time spent in unemployment results in a decline in the hourly wages …