Tekijä: | Francesconi, M. Orszag, J.M. Phelps, E.S Zoega, G. |
Otsikko: | Education and the natural rate of unemployment |
Lehti: | Oxford Economic Papers
2000 : JAN, VOL. 52:1, p. 204-223 |
Asiasana: | Education LABOUR SUPPLY Unemployment Europe USA |
Kieli: | eng |
Tiivistelmä: | The authors show how changes in the educational composition of the labour force affect both the level and the behaviour over time of aggregate unemployment series. They also demonstrate that if it had not been for such changes, the US unemployment series would look "European" since the with-in group unemployment series all have that same appearance. |
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