EconPapers    
Economics at your fingertips  
 

Long-Run Economic Performance and the Labor Market

Alberto Alonso (), E. Echevarria and Kien Tran ()
Additional contact information
Alberto Alonso: Universidad Complutense

Southern Economic Journal, 2004, vol. 70, issue 4, 905-919

Abstract: This article uses a simple variation of the Solow model to study the interrelations between economic growth and the labor market. We show, both analytically and empirically, that income and capital per worker in the steady state depend positively on flexibility of the labor market; that the steady-state unemployment rate depends positively on the rate of population growth and the productivity growth rate and negatively on the savings rate and flexibility of the labor market; and, finally, that labor market flexibility affects convergence toward steady state.

JEL-codes: C51 J60 O47 O57 (search for similar items in EconPapers)
Date: 2004
References: Add references at CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sej:ancoec:v:70:4:y:2004:p:905-919

Access Statistics for this article

Southern Economic Journal is currently edited by Laura Razzolini

More articles in Southern Economic Journal from Southern Economic Association Contact information at EDIRC.
Bibliographic data for series maintained by Laura Razzolini (). This e-mail address is bad, please contact .

 
Page updated 2020-04-22
Handle: RePEc:sej:ancoec:v:70:4:y:2004:p:905-919