期刊名称：Euro Area Balance of Payments and International Investment Position Statistics
印刷版ISSN：1830-3420
电子版ISSN：1830-3439
出版年度：2008
卷号：1
出版社：European Central Bank
摘要：This report aims to analyse the main developments in labour supply and its determinants in the euro area, describe the level and structure of employment, 2 review some of the links between labour supply, labour market institutions and economic performance, assess how well labour supply refl ects the demand for labour in the euro area, and identify challenges relating to these topics for policy-makers. These issues are very important for economic development and welfare more generally, both at an individual and aggregate level. They are also important from a central bank perspective, since labour supply affects the environment in which monetary policy is conducted. The precise impact of changes in labour supply on potential and actual output, as well as on the natural and actual unemployment rate, is affected by the design and fl exibility of labour and product market institutions and by the adjustment of labour costs to these developments. In this report labour supply is understood in a broad sense to cover the size and composition of the labour force (including the self-employed) by age, gender, educational attainment level and nationality (as an indicator of immigrant status) and is thus analysed in terms of both quality and quantity.
