Croissance endogène, hystérésis du chômage et chocs d'offre défavorables
Patrick Artus
Annals of Economics and Statistics, 1992, issue 28, 65-87
Abstract:
We analyze the effect of disturbances (affecting the interest rate, productivity) on the long term growth rate according to the way the labor market operates (we introduce an insiders market, a competitive market or real wage rigidity). The economy incorporates an endogenous growth mechanism linked to capital accumulation.
Date: 1992
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Persistent link: https://EconPapers.repec.org/RePEc:adr:anecst:y:1992:i:28:p:65-87
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