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Reaching the optimal growth: The role of labor market institutions

Coralia Azucena Quintero Rojas ()

EconoQuantum, Revista de Economia y Negocios, 2013, vol. 10, issue 1, 27-36

Abstract: We develop a general equilibrium model of endogenous growth with trade unions and other labor market institutions. We show that it is possible to reach the optimal growth rate by compensating the distortions on the goods-sector due to the growth process with the distortions induced by the labor market rigidities.

Keywords: endogenous growth; optimal growth; labor market institutions. (search for similar items in EconPapers)
JEL-codes: J5 O3 O4 (search for similar items in EconPapers)
Date: 2013
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