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Growth in worker quality Author info | Abstract | Publisher info | Download info | Related research | Statistics Daniel Aaronson
Daniel Sullivan
This article shows that increases in the educational attainment and labor market experience of the U.S. work force have led to an advance in labor productivity of more than 0.2 percentage points per year since the early 1960s. Estimates show, however, some declaration in the pace of labor quality improvements toward the end of the 1990s. Forecasts call for a continued decline over the remainder of the current decade.
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Article provided by Federal Reserve Bank of Chicago in its journal Economic Perspectives .
Volume (Year): (2001)
Issue (Month): Q IV ()
Pages: 53-74
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Handle: RePEc:fip:fedhep:y:2001:i:qiv:p:53-74Contact details of provider: Postal: P.O. Box 834, 230 South LaSalle Street, Chicago, Illinois 60690-0834 Phone: 312/322-5111 Fax: 312/322-5515 Email: Web page: http://www.chicagofed.org/ More information through EDIRC
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Keywords: Labor market Labor productivity Other versions of this item:
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