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Labour quality growth in Poland

Author

Listed:
  • Jan Baran

    (Narodowy Bank Polski & University of Warsaw, Faculty of Economic Sciences)

Abstract

The paper investigates changes in the quality of the labour input in Poland in 2006-2020. Labour quality – which captures compositional changes of the workforce, referring to education, experience, gender and occupation – substantially improved, growing on average by 0.55% a year, compared to much slower growth of unadjusted labour input (hours worked) of 0.11% a year. Growth in the labour quality, which means improvement in workers’ characteristics, was mainly driven by positive changes in the educational composition of workers. Labour quality growth showed less volatility compared to growth of hours worked in the economy and it was negatively correlated to both growth of hours worked and GDP growth, mitigating procyclicality of the labour input. Additionally, falling tertiary education wage premia are documented.

Suggested Citation

  • Jan Baran, 2023. "Labour quality growth in Poland," NBP Working Papers 356, Narodowy Bank Polski.
    • Handle: RePEc:nbp:nbpmis:356
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    More about this item

    Keywords

    human capital; labour quality; labour input.;
    All these keywords.

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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