Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/206595 
Authors: 
Year of Publication: 
2019
Citation: 
[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Article No.:] 449 [Publisher:] Institute of Labor Economics (IZA) [Place:] Bonn [Year:] 2019
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
Employment and labor force participation (LFP) rates have increased throughout Europe since the 1990s, with little interruption from the Great Recession. While many credit labor market reforms for this progress, ongoing educational expansion might actually be more important. This implies that the overall employment rate of an economy can change if the share of the population with tertiary education increases, even in the absence of any labor market reforms or effects of the business cycle. Taking this compositional effect into account makes it possible to disentangle the impact of reforms.
Subjects: 
human capital
labor market reforms
tertiary education
aging
JEL: 
J01
J21
J24
J26
Persistent Identifier of the first edition: 
Document Type: 
Article

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