Details

Autor(en) / Beteiligte

• Bolli, Thomas
• Zurlinden, Mathias

Titel

Measurement of labour quality growth caused by unobservable characteristics

Ist Teil von

• Applied economics, 2012-06, Vol.44 (18), p.2297-2308

Ort / Verlag

London: Routledge

Erscheinungsjahr

2012

Link zum Volltext

Quelle

EBSCOhost Business Source Ultimate

Beschreibungen/Notizen

• "The standard economy-wide indices of labour quality (or human capital) largely ignore the role of unobservable worker characteristics. In this article, we develop a methodology for identifying the contributions of both observable and unobservable worker characteristics in the presence of the incidental parameter problem. Based on data for Switzerland over the period 1991 to 2006, we find that a large part of growth in labour quality is caused by shifts in the distribution of unobservable worker characteristics. The overall index differs little from the standard indices, but contributions to growth attributed to education and age are corrected downwards." (Author's abstract, IAB-Doku). Die Untersuchung enthält quantitative Daten. Forschungsmethode: empirisch-quantitativ; empirisch. Die Untersuchung bezieht sich auf den Zeitraum 1991 bis 2006.