Note on cyclical employment in the consumption goods sector

被引：1
|
作者：
Marquis, MH
机构：
[1] Department of Economics, Florida State University, Tallahassee
来源：
ECONOMICS LETTERS | 1996年 / 51卷 / 02期
关键词：
endogenous growth; cyclical employment;
D O I：
10.1016/0165-1765(96)00817-8
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
The basic neoclassical growth model makes the counterfactual prediction that the consumption share of employment is countercyclical. When endogenous growth from a formal training sector is added to this model, the consumption share of employment becomes procyclical, owing to the additional margin of adjustment in the allocation of time.
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页码：213 / 218
页数：6
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