The Macroeconomics of Education

Etienne Wasmer, Peter Fredriksson, Ana Lamo, Julian Messina and Giovanni Peri
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Ana Lamo: DG Reseach - ECB, European Central Bank - ECB

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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 (...).

Date: 2005-06-11
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Published in VII European Conference - Education and Training in Europe, Fondazione Rodolfo Debenedetti, Jun 2005, Venezia, Italy

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Related works:
Working Paper: The Macroeconomics of Education (2007)
Working Paper: The Macroeconomics of Education (2005)
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