A SCHUMPETERIAN GROWTH MODEL WITH EQUILIBRIUM UNEMPLOYMENT

被引：5
|
作者：
Parello, Carmelo Pierpaolo [1 ]
机构：
[1] Univ Roma La Sapienza, Dept Publ Econ, I-00166 Rome, Italy
来源：
METROECONOMICA | 2010年 / 61卷 / 02期
关键词：
WAGE; CONSUMPTION; PROTECTION;
D O I：
10.1111/j.1467-999X.2009.04076.x
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We introduce efficiency-wage unemployment in a model of growth with endogenous technical change. Our research aim is twofold. First, we try to provide an analytically tractable model of growth with efficiency-wage unemployment that can be viewed as alternative to the standard models of growth and search unemployment. Second, we try to analyze the steady-state effects of some labor market policies on unemployment and growth. We find that a positive relationship between growth and unemployment exists and that the effectiveness of any labor market policy aimed at improving the performance of the labor market crucially depends on how individuals discount future income.
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页码：398 / 426
页数：29
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