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The Macroeconomics of Education

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  • Etienne Wasmer
  • Peter Fredriksson

    (Uppsala Center for Labor Studies (UCLS))

  • Ana Lamo

    (DG Reseach)

  • Julian Messina

    (Universitat de Girona)

  • Giovanni Peri

    (Department of Economics)

Abstract

One year after its major Enlargement to 10 new Member States, Europe is facing several challenges. It has known a relatively long period of slow growth, with one or two percentage points below the United States in the last decade; at the same time, consecutive to its Enlargement to 10 new Member States, it has to face a huge redistribution of political and economic powers, both internally and vis-à-vis its partners; finally, Europe is facing an ever growing integration of international trade and most notably the emergence of the two lowwage giants, China and India, sometimes presented as the “world suppliers” of labour intensive goods and services (...).

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Paper provided by Sciences Po in its series Sciences Po publications with number info:hdl:2441/9064.

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Date of creation: Jun 2005
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Publication status: Published in 7th European Conference of the Fondazione Rodolfo Debenedetti "Education and Training in Europe", pp.1-138
Handle: RePEc:spo:wpmain:info:hdl:2441/9064

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References

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Cited by:
  1. Sharon McCaw & C John McDermott, 2000. "How New Zealand adjusts to macroeconomic shocks: implications for joining a currency area," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, Reserve Bank of New Zealand, vol. 63, March.

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