Croissance, intégration économique et chômage
Rodrigue Mendez and
Taoufik Rajhi
Revue économique, 2001, vol. 52, issue 3, 541-551
Abstract:
This paper examines the long run relationship between growth and unemployment. The framework used is the efficiency wage model of Shapiro and Stiglitz [1984]. We show how the unemployment-growth relationship is ruled by the capitalization and creative destruction effects. Finally, we show how international trade may change the long run unemployment rate. Classification JEL : O41, E24, F43, F16
JEL-codes: E24 F16 F43 O41 (search for similar items in EconPapers)
Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:cai:recosp:reco_523_0541
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