Growth in worker quality

Daniel Aaronson and Daniel Sullivan

Economic Perspectives, 2001, vol. 25, issue Q IV, 53-74

Abstract: 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.

Keywords: Labor market; Labor productivity (search for similar items in EconPapers)
Date: 2001
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (19)

Downloads: (external link)
http://www.chicagofed.org/digital_assets/publicati ... es/2001/4qepart5.pdf (application/pdf)

Related works:
Journal Article: Growth in worker quality (2002)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fedhep:y:2001:i:qiv:p:53-74:n:v.25no.4

Ordering information: This journal article can be ordered from

Access Statistics for this article

More articles in Economic Perspectives from Federal Reserve Bank of Chicago Contact information at EDIRC.
Bibliographic data for series maintained by Lauren Wiese ().